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Outside Silicon Valley, a company with a $1 billion market valuation isn't a startup... For example in the UK a company of that size is Balfour Beatty, an enor
by dingaling 8y ago
Outside Silicon Valley, a company with a $1 billion market valuation isn't a startup...
For example in the UK a company of that size is Balfour Beatty, an enormous construction and services company established in 1909
- gammateam 8y ago> an enormous construction an enormous construction OOPS sounds like they have tangible hardware and operating costs. tech companies get to that point, but they can offer services with very little overhead for a very long time until they scale to the point that they have to build their own hardware infrastructure to support them. and then they also resell/rent out that hardware infrastructure to smaller tech companies and everyone else.