> Our three-year study, which we released recently, shows that nfx are responsible for 70% of the value created by tech companies
This (aside from censorship) is why China doesn't let US tech companies in. There is just straight network value to be captured in certain services that will be there no matter who provides it. Why pay a tax to another country for every domestic taxi ride taken, etc.?
This (aside from censorship) is why China doesn't let US tech companies in. There is just straight network value to be captured in certain services that will be there no matter who provides it. Why pay a tax to another country for every domestic taxi ride taken, etc.?