3 ms·
The world is bigger; more people are part of the economy; the average person is wealthier; the average person is more productive; the average person or company
by bpodgursky 5y ago
The world is bigger; more people are part of the economy; the average person is wealthier; the average person is more productive; the average person or company spends more of their income on services than in 2013.
In a winner-take-most market, it's easier for the acquirer to leverage a successful SaaS company 10x what they could in 2013. This doesn't surprise me.
- deleted 5y ago[deleted]
- NmAmDa 5y agoAverage person in united states maybe
- lotsofpulp 5y agoI would bet the opposite. Average person in US gets less wealthy, average person globally gets more wealthy. Tenth decile in US gets more wealthy, 9th tread water, and the other 8 deciles revert to global mean.
- tdfx 5y agoBut even globally, most of the financial acceleration in the developing world is only happening for the top quarter (or less) of the population.