- The type of creators who can run on their own tend to say, âI donât need guidance, just give me money.
- [If you can really run on your own, itâs easier on the sponsorâs side.
- However, it is difficult to determine âwhether you can really self-propulsionâ through documents and interviews.
- So itâs difficult to close a deal assuming you can drive yourself.
- This is Lemon Market, right?
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For example, in the used car market, sellers have detailed knowledge of a carâs past breakdown history and current problems, but buyers do not have accurate information about them. As a result of this information asymmetry, buyers treat every car as if it were a defective commodity.
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