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Andrew Yang: Lowering the cost of living is the next big startup opportunity

By

Rebecca Bellan

5h ago· 4 min readenNews

Summary

Andrew Yang argues that the next major startup opportunity lies in reducing the cost of living for Americans, rather than extracting maximum profit. Inspired by Mark Cuban's Cost Plus Drugs, Yang identified key areas where Americans overpay — housing, education, food, fuel, transportation, media, and wireless — and believes startups that give money back to consumers will be the next big wave in entrepreneurship.

Key quotes

· 3 pulled
Housing, education, food, fuel, transportation, media, and wireless.
The things we all spend money on.
What if the business model was giving money back instead of extracting it?
Snippet from the RSS feed
Andrew Yang made a list of everything Americans overpay for — housing, food, wireless — and thinks the next startup gold rush is giving that money back.

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