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Modest Proposal – Better, Cheaper, Faster: Why Companies that Reduce Friction Win - [Invest Like the Best, EP.193]
Invest Like the Best with Patrick O'Shaughnessy
Is There a Future for Ads?
The scarce asset in the digital world is distribution and audience. That's the hard thing to build. And so if you have built a product, and brought a product to market that consumers love, and you have been able to build a big user base on the back of them, that is going to be really valuable to other people as well. I think there's an increasing realization that not only are you trying to build products and services that consumers love, because hopefully you can make money bringing those products and services to them....
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