The Ledger

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Insight

Rampell: Consumer business models degrade as CAC value flows to Google and Facebook

“I mean, Casper got to scale, but lots of CAC, and that's why a lot of these business models, they tend to degrade over time, because all the economic value goes to Google and Facebook.”

Alex Rampell Sep 3, 2026 ▶ 45:49 Why AI Agents Could Finally Reinvent the Credit Card

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The Ledger

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