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If it made sense, they would still be in business and thriving. I'm only offering one conjecture. Hindsight is 20/20, but I wouldn't make the case that it mak
by CharlieDigital 4y ago
If it made sense, they would still be in business and thriving. I'm only offering one conjecture.
Hindsight is 20/20, but I wouldn't make the case that it makes _zero_ sense; only that they couldn't prove the use case and find the right products and market. Definitely with a more high-value product that couldn't be sourced reasonably locally or even from the US, there may be a better economic case.
It reminds me of this couple growing yuzu lemon in NJ and selling 5-10x the price to Michelin restaurants in the area: https://www.youtube.com/watch?v=zwTc5929U5g https://www.youtube.com/watch?v=zwTc5929U5g
- MichaelZuo 4y agoThe odd thing is I haven't heard a single one of these startups target the luxury market. What you say makes a lot of sense.