This is well-covered by @andrewchen https://t.co/yHppy2HWUa and work of @benthompson . Capital light (or in Chinese tech jargon “just re-directing info flow”) always go faster, often because of its lightness. But later lightness became insufficient moat.
— theoldchou (@theoldchou) March 8, 2019
from Twitter https://twitter.com/theoldchou
March 07, 2019 at 05:57PM
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