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https://en.wikipedia.org/wiki/List_of_countries_by_average_wage https://en.wikipedia.org/wiki/List_of_countries_by_average_w... Now multiply that by 327 millio

by swebs 8y ago

https://en.wikipedia.org/wiki/List_of_countries_by_average_wage https://en.wikipedia.org/wiki/List_of_countries_by_average_w... Now multiply that by 327 million people

Theodores 8y ago
This puts things in perspective. Yet we keep hearing about how poor so many Americans are. We also hear about how many trillions the US government is in debt. Despite these downsides to how it works in America, from a sales point of view the USA is the tastiest market to sell in to and there is no chance of that changing any time soon. The physical size of the country also makes a difference, it is not as if you are forced to pay a fortune for a house, just move out to the suburbs. Only a few places where there is special geography such as NYC and San Francisco do you have to pay mega-bucks to rent seekers.
IkmoIkmo 8y ago
I mean, I get why there's a discrepancy. But 17/223 is 6% vs 94%. Let's be frank here, the European Union alone has a GDP similar to the US (both around $19-20 trillion), the population is about 50% larger, with a very substantial western part that has similar disposable income as the US (particularly as things like healthcare or education costs less here, purchasing power is stronger in the EU than the nominal figures). The fact incomes are more egalitarian should also help, given pinterest-revenues aren't being driven by a small group of rich people. In a world with just US/Europe, I'd expect more of a 60/40 split, 70/30 at worst. Yet it's 94/6. But then the world isn't just US/Europe. You can add lots of other OECD countries, like Japan, Korea, Australia, Canada etc, when taken together you can quickly add up to another US-sized population of high-incomes. Again, it's not an exact comparison, but here too you'd expect at worst a 70/30 split. Together with Europe and other huge but lower income markets like the BRIC countries, you'd be looking at 50/50 US/Rest, easily. Google is at 45/55 and Apple is at 40/60. Pinterest being at 94/6 is absolutely not just a function of US incomes.

by swebs 8y ago

https://en.wikipedia.org/wiki/List_of_countries_by_average_wage https://en.wikipedia.org/wiki/List_of_countries_by_average_w... Now multiply that by 327 million people

Theodores 8y ago

This puts things in perspective. Yet we keep hearing about how poor so many Americans are. We also hear about how many trillions the US government is in debt. Despite these downsides to how it works in America, from a sales point of view the USA is the tastiest market to sell in to and there is no chance of that changing any time soon. The physical size of the country also makes a difference, it is not as if you are forced to pay a fortune for a house, just move out to the suburbs. Only a few places where there is special geography such as NYC and San Francisco do you have to pay mega-bucks to rent seekers.

IkmoIkmo 8y ago

I mean, I get why there's a discrepancy. But 17/223 is 6% vs 94%. Let's be frank here, the European Union alone has a GDP similar to the US (both around $19-20 trillion), the population is about 50% larger, with a very substantial western part that has similar disposable income as the US (particularly as things like healthcare or education costs less here, purchasing power is stronger in the EU than the nominal figures). The fact incomes are more egalitarian should also help, given pinterest-revenues aren't being driven by a small group of rich people. In a world with just US/Europe, I'd expect more of a 60/40 split, 70/30 at worst. Yet it's 94/6. But then the world isn't just US/Europe. You can add lots of other OECD countries, like Japan, Korea, Australia, Canada etc, when taken together you can quickly add up to another US-sized population of high-incomes. Again, it's not an exact comparison, but here too you'd expect at worst a 70/30 split. Together with Europe and other huge but lower income markets like the BRIC countries, you'd be looking at 50/50 US/Rest, easily. Google is at 45/55 and Apple is at 40/60. Pinterest being at 94/6 is absolutely not just a function of US incomes.