take rate
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Sep 22, 2023 by Chamath Palihapitiya · across every show →
Everything said about take rate, oldest first
Sep 22, 2023 negative
Chamath: High-GTV marketplace businesses cannot defend take rates long term
“History has shown that these kinds of businesses cannot defend take rate for a very long period of time, whether it's for competitive pressure, or whether it's because their suppliers actually develop more pricing power. Take rate tends to decay.”