3 ms·
What about 6 months later when competitors arrive? Not all markets are winner takes all or even close to it
by grantsch 4y ago
What about 6 months later when competitors arrive?
Not all markets are winner takes all or even close to it
- TeMPOraL 4y agoYou mean competition by more VC subsidized startups? The competition (or sometimes faux-competition) lasts until investors get bored, then the unsustainable startups slowly go away (often extracting more money from the public on their way out, by means of an IPO), leaving a broken market that needs to be rebuilt, if it's possible at all.
- grantsch 4y agothat's only true for unprofitable activity