4 ms·
> in a fair and competitive market would it be impossible for a company to grow to a $1T valuation? It depends on your definition of "fair". In my view, such a
by _pferreir_ 8y ago
> in a fair and competitive market would it be impossible for a company to grow to a $1T valuation?
It depends on your definition of "fair". In my view, such a market would be regulated as to avoid that companies become too big to the point of turning into black holes that suck everything around them.
Money attracts top talent and allows companies to buy out possible competitors. That in turn generates more money.
- coryfklein 8y agoPlease explain in what way Apple is "a black hole that sucks everything around it".
- _pferreir_ 8y agoMaybe Apple is not even the best example, but look at Google or Facebook. How many potentially successful competitors have they bought off? How much more diverse could the market be if they hadn't been allowed to do so?