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Services usually mean recurring revenue which is valued at a higher multiple. It’s very hard to build a high value multiple product focused company.
by api 4y ago
Services usually mean recurring revenue which is valued at a higher multiple. It’s very hard to build a high value multiple product focused company.
- clairity 4y agoit's certainly harder, but steve did it. tim is unable to, hence the shift to services for easier short-term growth, at the expense of long-term brand loyalty.