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Network Effects, Moats, & the Business of web3

web3 with a16z crypto

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The Five Forces That Shape Competition

The five forces that shape competition are these relative levels of bargaining power. North and South think about like a supply chain. So above there's the bargaining power of your suppliers, to whom you're paying and your customers who are paying you. And then how does that apply to web three? A lot of platforms store their data in public,. which means that a new platform can leverage a lot of that data.

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