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Strategy: Information AsymmetryΒΆ

Any normal industry where one side has advantage over consumer by having access to certain information.

Normally consumers doesn't really know what materials are going into products and what fair pricing really is.

Examples: - Lawyers - Venture Capitalists

There is a company called avvo to solve lawyer problem, by lawyers bidding to your problem detailing the bid.

For VC, it is solved by venture hacks that help companies to get funded by better terms.

If I wanted to acquire ___ would I know how to do it?