the analogies of businesses to sports teams are wrong on so many levels. sports teams are capped. businesses are uncapped. businesses are more li… - Auren Hoffman

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the analogies of businesses to sports teams are wrong on so many levels. sports teams are capped. businesses are uncapped.
businesses are more like the NBA than an individual basketball team.

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Alternative Names: Auren Raphael Hoffman
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Data is ultimately a winner-takes-most market.

As a data company starts to dominate its niche, it can lower its price and gain more market share and use those resources to invest more in the data … thereby gaining more market share (and the cycle continues).

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traditionally monopolies' products do not improve much. and competition forces products to be better.

today, the opposite is happening.
high-competition spaces (like universities) are getting worse. low-competition spaces (like Amazon, Apple, Google) are getting better.

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