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Even if the missing middle is a real consumer demand, it may not be enough of a real demand to achieve the economics of scale to be profitable (or it is profita
by BeFlatXIII 5y ago
Even if the missing middle is a real consumer demand, it may not be enough of a real demand to achieve the economics of scale to be profitable (or it is profitable but with 15% margin instead of 30% and the bean counters can’t stand that).
- TeMPOraL 5y agoExactly. There's a ratchet effect to this. Economies of scale mean it's easier to keep something going than it is to start it anew once it's gone.