Parr had just described a business running vetted buy-and-sell Facebook groups where dealers pay to post. He uses it to close his argument that community businesses are safe from AI, the thesis of the episode.
dealer pays to be a member.
Okay, because they're accessing this buyer pool of super enthusiasts.
A dealer pays to post there. And in order to post there, you have to do a vet check. And I think it's awesome, A, because Facebook communities, Facebook groups have built this guy a huge business. And this can be applied to so many different ways of selling stuff on the internet. And I think that when it comes to moats, Peter Lovell's been talking about like what moats are going to go away with AI. And previously, technology was a moat. That's not a moat anymore. And I think communities, networks, and marketplaces are still a really good moat. And this is a really interesting business that this guy started on Facebook groups.
Yeah, this is fascinating. I mean, it's always dangerous to build a business on Facebook groups just because you, you know, the platform, Facebook platform has changed so many times where you lose reach or you lose, you know, the ability to add new members, you know, things like that. Like they…
awesome. How much did that sub cost?
Well, like, I think they average like five bucks or six bucks a month.