Become the broker

Last updated Jan 16, 2023

Recall: Never public markets

A systematic alternative to participating in a market is creating and gatekeeping a market. For example: hosting events, creating an online store that sells other people’s stuff.

Two advantages:

  1. All deals flow through you. You understand exactly how the market works and can manipulate it to your advantage.
  2. You’re now providing people with a service by letting them compete in your market. They might offer you money or other forms of value to raise their standing and competitiveness- this is the “dating app premium tier” scheme. You can even have people bid against each other on market standing (the advertising marketplace model).

However, there are a couple risks: