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As usual, investors live in a pipe dream thinking Starbucks can exponentially grow forever. People only need so many coffees. Be happy with that. No need to si
by dheera 3y ago
As usual, investors live in a pipe dream thinking Starbucks can exponentially grow forever.
People only need so many coffees. Be happy with that. No need to sink shares and spoil it for everyone.
- D13Fd 3y ago> People only need so many coffees. I think it's more like "people only need so many coffee shops." Now that they've mostly achieved saturation, they want to improve revenue by other means, like increasing prices, and people will only pay so much for their coffee and snacks (although the cutoff seems surprisingly high).