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Kevin picks up the critical mass concept and works with Michael to develop a graphical interpretation of how the number of market players adds value to a market.
Kevin explains how the number of participants creates value in a market and at what point the too many participants begins destroying value in a market.
Kevin discusses the importance of describing concepts using a very specific type of language and how to read the hints provided by partners in a case interview.
Kevin explains that cracking the case is not as important as candidates think. He thereafter guides Michael on a strategy to “score points” throughout the case interview.