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> When someone sees a market inefficiency that everyone else was ignoring, and then solves it, they are in position to collect economic rents until others catch
by JadeNB 11y ago
> When someone sees a market inefficiency that everyone else was ignoring, and then solves it, they are in position to collect economic rents until others catch up.
PG, for example: http://www.paulgraham.com/avg.html http://www.paulgraham.com/avg.html . :-)