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Startup investing 101: An Interview with Startup Incubator and Accelerator Founder Space Founder, Steven Hoffman

Money Tree Investing

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How Technology Can Create a Network Effect

Technology can create an environment where we have what's called a network effect. The more people you have participated on a platform, the more valuable that platform becomes. This is why it's a winner take all world, because technology enables these type of transactions and the big fish end up gobbling up everybody else. It's like gravitational pull, they suck everybody into their orbit.

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