2 ms·
My understanding is that this is an example of last mile costs increasing non-linearly i.e. Google has something like 95% of the mobile search market and profit
by recursive4 3y ago
My understanding is that this is an example of last mile costs increasing non-linearly i.e. Google has something like 95% of the mobile search market and profits $30b from it, and the cost to acquire that last 5% is >$30b.