4 ms·
> I hope all these small/mid sized businesses don’t get gulped up by big tobacco or other mega corps Why not? Laws of scale would drive the price down while im
by golergka 2y ago
> I hope all these small/mid sized businesses don’t get gulped up by big tobacco or other mega corps
Why not? Laws of scale would drive the price down while improving the profit margins, both clients and investors would win.
- peddling-brink 2y agoThere are more people involved than just clients and investors. I think some inefficiencies are important, especially when scoped to "who can do this thing the cheapest?"
- bumby 2y ago>I think some inefficiencies are important To add a bit, the importance of some inefficiencies are lost when viewed strictly through an investor lens. E.g., investigative journalism is expensive and largely inefficient regarding the profitability of a newspaper. Redundant inventory/equipment is largely inefficient until low-probability events effect supply. Small businesses may be inefficient but provide economic stability to a non-urban center etc. etc.