Problem with Medium, Patreon is GM problem. You can't have strong corp brand AND strong car brands w/o something breaking. Usually quality.
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anything that's on multiple channels is something of a commodity. Anything with no exclusive content is dumb pipe
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neither is as strongly defensible as strongly integrated exclusive content plus exclusive distribution
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the margins are not in dollar terms but reputational margin so to speak
11:30 AM - 11 Feb 2017
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