> But, with software busineses, barriers to entry are extremely high and this results in businesses that are far less competitive on price and thus price of lab

> But, with software busineses, barriers to entry are extremely high and this results in businesses that are far less competitive on price and thus price of labor. Really? I would say it's one of the lowest, where you can start a global company with less than 20 people with very low costs that then increase sub-linearly as your customer base grows.