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Great story Patrick. I think a lot of people equate physical products with low margins, but often that is not the case. Music and media focused startups are a g
by replicatorblog 16y ago
Great story Patrick. I think a lot of people equate physical products with low margins, but often that is not the case. Music and media focused startups are a great example of this. After license payments the profits of even a successful company like Pandora are tiny. Compared to a number of physical products/ecommerce companies where margins can be 30-50%.