4 ms·
> You’re buying access to market share. What does this even mean? > Owning a piece of the economy is what folks are doing with their 35 PE share purchases, pa
by andrewmcwatters 5y ago
> You’re buying access to market share.
What does this even mean?
> Owning a piece of the economy is what folks are doing with their 35 PE share purchases, particularly if they think the revenue as a percentage of market is going to grow.
If any given market shrinks in absolute terms, it doesn't matter if "market share" goes up. 100% of 5 customers is 5 customers.