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“And then the second thing they don't account for is that…” — Y Combinator Startup Podcast at 2:51

“And then the second thing they don't account for is that there are lots of businesses where there are multiple winners. How many banks are there? One bank doesn't look at the other banks and say, well, I guess that's it. We've got a fold-up shop. There's already a bank in existence. And so I often think when I'm…”

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