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Startups can disrupt because the major public companies need to show growth for w-street. If there's no growth then the ask is on profits, which cause the compa
by cobookman 7y ago
Startups can disrupt because the major public companies need to show growth for w-street. If there's no growth then the ask is on profits, which cause the company to start gutting teams.
meanwhile a startup can focus on building a great product, sometimes while not needing to be profitable.
Amazon.com took advantage of this, with Jeff Bezos famous quote of, "Your margin is my opportunity".