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"Many Internet businesses couldn't be profitable if small." I'd say just the opposite: I think most internet businesses could be profitable if they were smalle
by jasonfried 15y ago
"Many Internet businesses couldn't be profitable if small."
I'd say just the opposite: I think most internet businesses could be profitable if they were smaller.
- T-hawk 15y agoIt goes both ways. The distinction might be efficiency of profit per capital and time invested. Something like patio11's bingo card maker, which makes money out of almost nowhere compared to its cost, works well only if small. But that type of set-it-and-forget-it business doesn't scale to the likes of Groupon or Dropbox or Spotify or Airbnb.
- achompas 15y agoWould you say the same of social networks, where revenue is generated from ad views?
- jasonfried 15y agoI would say social networks are not "most internet companies". And I would also say that most social networks are not generating enough ad revenue to generate sustainable profits.