4 ms·
That sort of amortization is how the publishing industry for books works, IIRC; most books lose money, but the few successful ones make up for it.
by william42 15y ago
That sort of amortization is how the publishing industry for books works, IIRC; most books lose money, but the few successful ones make up for it.
- jaredsohn 15y agoAn even better example would be game publishers. (But as others have noted, it applies to many industries. Venture capitalists who invest in startups is another example.)