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A large percentage of the worlds GDP goes to middlemen of all kinds. Hollywood agents, recruiters, real estate agents... the internet has kinda promised to do a
by UweSchmidt 8y ago
A large percentage of the worlds GDP goes to middlemen of all kinds. Hollywood agents, recruiters, real estate agents... the internet has kinda promised to do away with that, to connected people directly, do create efficient market places but has not yet fulfilled this promise. Ecommerce has closed many retail gold mines, but I wonder why VCs haven't identified services as something to sytematically disrupt.