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Listener Favorites: Marina Krakovsky | The Middleman Economy

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Manage episode 286572802 series 1745677
Content provided by Srinivas Rao. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Srinivas Rao or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The way I started thinking about middlemen initially was this very simple definition: the person who connects buyers and sellers in a marketplace. In my reporting I actually came across a more expansive and smarter definition. This came from a VC in the valley named Mike Maples. And he says “a middleman in a network is that node in a network that connects other nodes to increase the value of the network.” That’s looking at it from a more positive view and it’s obviously a network view. It’s really looking at the value of the person who is making those connections because not all middlemen can create value or can increase the value of the network. Even if they do they don’t necessarily help both parties enough to justify their cost. I really like that positive angle. Also, it’s so expansive that it goes beyond buyers and sellers. If I know somebody who I think you should meet, I can make that introduction. I’m a middleman who has improved the value of my network by making both people hopefully better off. – Marina Krakovsky


Marina Krakovsky is a social science and business journalist with a degree from Stanford University, and author of The Middleman Economy


Listener Tribe

We have our own private social network for listeners of the Unmistakable Creative podcast. You can meet other listeners, discuss episodes, and engage with the creative community! Just visit https://the-unmistakable-creative-podcast.mn.co/ to sign up.

Subscribe for ad-free interviews and bonus episodes https://plus.acast.com/s/the-unmistakable-creative-podcast.



Hosted on Acast. See acast.com/privacy for more information.

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1497 episodes

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Manage episode 286572802 series 1745677
Content provided by Srinivas Rao. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Srinivas Rao or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The way I started thinking about middlemen initially was this very simple definition: the person who connects buyers and sellers in a marketplace. In my reporting I actually came across a more expansive and smarter definition. This came from a VC in the valley named Mike Maples. And he says “a middleman in a network is that node in a network that connects other nodes to increase the value of the network.” That’s looking at it from a more positive view and it’s obviously a network view. It’s really looking at the value of the person who is making those connections because not all middlemen can create value or can increase the value of the network. Even if they do they don’t necessarily help both parties enough to justify their cost. I really like that positive angle. Also, it’s so expansive that it goes beyond buyers and sellers. If I know somebody who I think you should meet, I can make that introduction. I’m a middleman who has improved the value of my network by making both people hopefully better off. – Marina Krakovsky


Marina Krakovsky is a social science and business journalist with a degree from Stanford University, and author of The Middleman Economy


Listener Tribe

We have our own private social network for listeners of the Unmistakable Creative podcast. You can meet other listeners, discuss episodes, and engage with the creative community! Just visit https://the-unmistakable-creative-podcast.mn.co/ to sign up.

Subscribe for ad-free interviews and bonus episodes https://plus.acast.com/s/the-unmistakable-creative-podcast.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

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