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Platforms and Power (with Hamilton Helmer and Chenyi Shi)
Acquired
You're the Enemy, Right?
If the diminishing return curve is steep, then it's very unlikely that any individual can develop power. Even within a market with diminishing returns to scale, there's this concept that we call heterogeneity of preferences that matters. So you can think about maybe something with high levels of hertoneityyou think about you two and how many dimensions do you care about? How much does your transactions have hedrogeneity determine how im scale is to you? Right? We are bhen. As you said, the rive is undifferentiated. All i care about is how far away my driver is or my writer is. The minute you get to enough density, you're good enough.
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