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      "text": "Focus on audio content broadly, rather than exclusively podcasts\nNetwork effects\nFull-stack startups that own the consumer listening app, content, and monetization -- which creates a better feedback loop\nHigh-quality differentiated content vs. large incumbents which have broad, free libraries of shallower content\nConsumption experience that is fundamentally different and enhances the experience of the audio content: could be live, social audio or value-add features that support stickiness and engagement\nAlternative monetization beyond solely ads",
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