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> Also, why large companies are incredibly efficient at producing profits from a stable market, but get out-competed instantly by smaller, more adaptable, less
by lazyjones 8y ago
> Also, why large companies are incredibly efficient at producing profits from a stable market, but get out-competed instantly by smaller, more adaptable, less efficient startups.
Because if they‘re worth their money, they can afford to. Large corporation routinely buy small competitors with profits made from their streamlined operation.
- marcus_holmes 8y agotrue. And then immediately destroy them by trying to make them efficient ;)