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No, that's mainly lack of single consumer market, and the markets being too small to meaningfully start B2C companies.
by KptMarchewa 3y ago
No, that's mainly lack of single consumer market, and the markets being too small to meaningfully start B2C companies.
- MrBuddyCasino 3y agoYou mean like Spotify, that started in the large and populous country of Sweden?
- woobar 3y agoGP was talking about companies with FAANG levels of profitability. Maybe we should bring up Spotify when they are profitable. [1] [1] https://www.wallstreetzen.com/stocks/us/nyse/spot/earnings https://www.wallstreetzen.com/stocks/us/nyse/spot/earnings
- MrBuddyCasino 3y agoYou got me there.
- ChuckNorris89 3y agoSpotify started from the start as a global company and had US VC money. That's however the exception from the rule.