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Growth and Potential of Online Businesses
The speaker discusses the significant growth of their user base from 1403 users to a hundred times bigger upon acquisition. This growth reflects the power of the internet in enabling individuals to create more companies. Statistics show a sharp increase in new business creation in the United States from 600,000 to 1.6 million people per quarter, indicating a rise in opportunities, while also raising questions about the emergence of winner-take-all situations and a barbell effect.