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Don't get it. There are still different businesses doing more or less the same thing. Just the media tells the story about the big players. Small profitable com
by toadi 11y ago
Don't get it. There are still different businesses doing more or less the same thing. Just the media tells the story about the big players. Small profitable companies are still surviving in the current market.
As an example: Amazon is everything in retail. Well, there is a thriving company in Belgium called coolblue.be There is also a Dutch company called bol.com. For every of those great news stories there are profitable small businesses making money. You just don't see them. To be honest that's ok.
Most of those companies didn't need to shut down if they used money sensibly and were not only dedicated to growth. But off course that's what VC money makes you do.