Ehrsam: Tech value from 2002-2017 accrued to proprietary database networks
Fred Ehrsam · a16z Podcast | Why Crypto Tokens Matter · Jan 2, 2019 · at 6:37
Fred Ehrsam, co-founder of Coinbase, discusses historical value accrual in tech platforms on the a16z Podcast.
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“If you look at all the value that's really accrued over the last 15 years, the vast majority of it has come from companies who have effectively built proprietary databases with strong network effects around them.”
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