Yeah.

What do you think is the most powerful business model the 20th century?

The most powerful business model.

Well, I think the business model has changed for years.

Now what works now compared to what works before,

you think about back in the industry of age,

people are the most valuable things, right?

In order to have manufacturing power.

We're talking about Carnegie days

that they need people, right?

And then later on, even later on,

then it's now more technology now,

so that's the difference.

And you think about some of the most successful companies

in the world today you think about some of the most successful companies in the world today, where think about

like Airbnb, let's say BV right, where they own nobody's estate, Facebook, which is the largest media company in the world, they create no content, right?

Uber, largest taxi company in the world owns no taxi, right?

And it's only now recently they develop more, but really a lot of them start off that way. So I believe the most powerful, I would say business model in the 21st century is actually what I call a network effect.

Okay, so it's not, you're not just selling a product or service, but you're creating a network where you put people together.

And tech is the easiest to explain because that's what most people would understand, right?

So there's a difference between a network effect and a what they call economy scale, right? So economy scale, let's say Apple, for example, right?

For Apple, the more people buy something that will lower the cost of production, now we have the economy of scale, right?

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