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The consistent growth tech companies like Amazon are able to maintain is INSANE. They're continuing to grow at a staggering rate despite their already massive s

The consistent growth tech companies like Amazon are able to maintain is INSANE. They're continuing to grow at a staggering rate despite their already massive size. There's also almost half the world that doesn't even use the internet in any meaningful capacity. There's a lot of growth left.

mschuster91 6y ago
> There's also almost half the world that doesn't even use the internet in any meaningful capacity. There's a lot of growth left. But unlike growth in domestic Western markets, this one will be hard for the companies to expand upon on their own. 1B people in China cannot be reached at all by Western companies, the half billion in South America will depend on someone getting rid of the cartels before meaningful buildout of infrastructure can happen (and that won't be possible until the US and Europe drastically change their approach to drugs, until then most countries will effectively be narco states), and the 1B people in Africa... an even tougher nut to crack, given that there are a lot of countries in there that can be considered "failed states" or various degrees of dictatorships, and the rest tend to be extremely poor as a result of hundreds of years of colonialism.
- jiofih 6y ago
  I don’t know which year in the past you’re commenting from, but South America is nearing 80% penetration and already has ~500m people online. Cartels are an exclusively Colombian thing, courtesy of the USA. The African continent is really is the last big market left, and only 1B people.
jodrellblank 6y ago
> "There's also almost half the world that doesn't even use the internet in any meaningful capacity. There's a lot of growth left." Albert Bartlett[1] would like to have a word. When you find a new petri-dish, and it's as large as the current one - as much space as has ever been used before in all of history, a vast bounty of unexplored space - how long will it last? One minute. One doubling period to go from 50% full to 100% full, and that's it. (paraphrased) [1] https://www.youtube.com/watch?v=DZCm2QQZVYk https://www.youtube.com/watch?v=DZCm2QQZVYk

mschuster91 6y ago

> There's also almost half the world that doesn't even use the internet in any meaningful capacity. There's a lot of growth left. But unlike growth in domestic Western markets, this one will be hard for the companies to expand upon on their own. 1B people in China cannot be reached at all by Western companies, the half billion in South America will depend on someone getting rid of the cartels before meaningful buildout of infrastructure can happen (and that won't be possible until the US and Europe drastically change their approach to drugs, until then most countries will effectively be narco states), and the 1B people in Africa... an even tougher nut to crack, given that there are a lot of countries in there that can be considered "failed states" or various degrees of dictatorships, and the rest tend to be extremely poor as a result of hundreds of years of colonialism.

jiofih 6y ago
I don’t know which year in the past you’re commenting from, but South America is nearing 80% penetration and already has ~500m people online. Cartels are an exclusively Colombian thing, courtesy of the USA. The African continent is really is the last big market left, and only 1B people.

jodrellblank 6y ago

> "There's also almost half the world that doesn't even use the internet in any meaningful capacity. There's a lot of growth left." Albert Bartlett[1] would like to have a word. When you find a new petri-dish, and it's as large as the current one - as much space as has ever been used before in all of history, a vast bounty of unexplored space - how long will it last? One minute. One doubling period to go from 50% full to 100% full, and that's it. (paraphrased) [1] https://www.youtube.com/watch?v=DZCm2QQZVYk https://www.youtube.com/watch?v=DZCm2QQZVYk