Drinking from the Firehose #136: 🏠 House brands. 🏠
www.firehose.vc
Technology distorts the conventional definition of monopoly. Many consumer technology products are free for consumers, and monopolies are supposed to keep prices high, not low. Google's a great example. Searches are free for consumers. On a performance basis, online ads are often cheaper for businesses than less sophisticated offline alternatives. That's why online advertising continues to eat offline year over year, growing at a
Drinking from the Firehose #136: 🏠 House brands. 🏠
Drinking from the Firehose #136: 🏠 House…
Drinking from the Firehose #136: 🏠 House brands. 🏠
Technology distorts the conventional definition of monopoly. Many consumer technology products are free for consumers, and monopolies are supposed to keep prices high, not low. Google's a great example. Searches are free for consumers. On a performance basis, online ads are often cheaper for businesses than less sophisticated offline alternatives. That's why online advertising continues to eat offline year over year, growing at a