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Why it couldn't have been build lean: 1. It needed a critical mass of both buyers and sellers 2. Customer service in financial industry is expensive 3. The 2
by emanuer 17y ago
Why it couldn't have been build lean:
1. It needed a critical mass of both buyers and sellers
2. Customer service in financial industry is expensive
3. The 2 main competitors (Billpoint & C2it) had bottomless pockets.
(4.) Web 1.0 technology was expensive.
- rjurney 17y agoIf you actually look at what Steve Blank has written, it says that you need lots of funding to enter a new market. Paypal did just that. Therefore 'Lean' in this case means 'Tons of Money.' Its a theory that means more than its title. Maybe its wrong, but this article fails to even discuss it.