This is what web3 people do: make an abstract claim with an abstract justification, and drop the mic. But it’s really important to think through in more specific detail what your abstract claim actually means, if anything. The problem is what’s called a Hollow Abstraction. It doesn’t correspond to anything specific. It only sounds like it makes sense when you insist on staying abstract.

In this case, you need to try describing in more detail what is this hypothetical 2.5% rev share YouTube competitor and why does it have more traffic than YouTube? Users love YouTube. So in the world you’re imagining, what made end users leave YouTube and watch on a different site?

And note that the answer to this super difficult non-obvious question, even if there is an answer, is left up to the reader of a16z’s deck to figure out