added by sari · updated 2y ago
Whoever Generates the Demand Captures the Value
The Internet has made distribution (of digital goods) free, neutralizing the advantage that pre-Internet distributors leveraged to integrate with suppliers. Secondly, the Internet has made transaction costs zero, making it viable for a distributor to integrate forward with end users/consumers at scale.
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This has fundamentally changed the plane of comfrom Aggregator's AI Risk by Ben Thompson
George Bilbrey added
- The Internet RevolutionI already explained what happened to newspapers when distribution erased local newspapers moats in the blink of an eye; as I suggested at the beginning, though, this was not an isolated incident but a sign of what was to come. Back in July I laid out how the acquisition of Dollar Shaving Club suggested the same process was ha... See more
from The IT Era and the Internet Revolution by Ben Thompson
Tekelala added
- The fundamental disruption of the Internet has been to turn this dynamic on its head. First, the Internet has made distribution (of digital goods) free, neutralizing the advantage that pre-Internet distributors leveraged to integrate with suppliers. Secondly, the Internet has made transaction costs zero, making it viable for a distributor to integr... See more
from Stratechery by Ben Thompson by stratechery.com
sari and added