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The big players, the OEMs, they didn't want to give up their customer relationship. And I think that was a mistake, because the customer relationship is actually a burden when you're going through this transition — you're on the hook for the whole experience. We were able to essentially be asset-light, take the best of breed from all of these networks, and essentially build a better product for consumers.

Invest Like the Best with Patrick O'Shaughnessy
1w ago

Underscored — save the words that stop you in your tracks.

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