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Episode 244: The Nature of Exchange, pt. 2

Words & Numbers

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What's the Benefit of Etsy?

Antony: You can in fact find all of these people on Etsy. That's probably the happiest spin that I could put on any of this. It cuts layers of nonsense out to regular people. And they can make a better living than they could have made a month earlier. So when you ask, did Steve Jobs, for example, give us $8 billion worth of value? He extracted $8 billion. The value went way beyond what he extracts.

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