2min chapter

a16z Podcast cover image

2023 Big Ideas in Technology (Part 2)

a16z Podcast

CHAPTER

What Are the Key Roadblocks to Changing the Business Model of an Industry?

Fee-for-service has been the dominant payment model for many decades. There's an entire $150 billion industry dedicated to just submitting and processing claims so that you optimize your revenue flow. Just because so much money is on the line, there's a ton of friction against changing the status quo. It would really just have to take a top-down government mandate to force an industry to make that kind of switch.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode