4 ms·
the problem is most capitalists wouldn't dare venture into that arena due to how intrenched the incumbents are. This makes the market highly inefficient due to
by mmmmkay 4y ago
the problem is most capitalists wouldn't dare venture into that arena due to how intrenched the incumbents are. This makes the market highly inefficient due to lack of competition. Good on Cuban for daring to go whether other capitalists will not. I hope it works out for him.
- gremlinsinc 4y agoyeah, good on him, but it'd be so much better if it were an employee co-op. He's still making bank, and eventually could be the amazon of pharmacy undercutting everyone else, and still make a tidy profit. A non-profit or co-op could do the same thing and only aim for a small revenue target in the green, so they stay afloat and can keep paying payroll, and providing good service as needed. I'm eventually planning on branching into this area, if I can get my co-op CRM/ERP software platform finished. I'm wanting a system to manage a network of union/worker businesses that work in syndication and encourage loyalty to in-network brands, through benefits, discounts, etc. Think if you had a software to basically combine worker, consumer, and housing co-ops into a sort of network or social net or mutual aid network where volunteering, working as an employee, or just loyalty as a customer dictates if you've qualified to earn a dividend or free healthcare.