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All of FANG seems like a counterexample. But in general it is probably true that the most profitable activities are very scalable, which is the opposite of conc
by yellowstuff 8y ago
All of FANG seems like a counterexample. But in general it is probably true that the most profitable activities are very scalable, which is the opposite of concrete, hands-on interaction with the public.
- icebraining 8y ago> All of FANG seems like a counterexample. Not really; both Facebook and Google basically only make money by providing a service to businesses, and even for Amazon, the most profitable area (AWS) is B2B.