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> Companies ultimately participate in the economy with their products and services This is the important point. A SaaS company with a competitive offering isn'
by ghc 2y ago
> Companies ultimately participate in the economy with their products and services
This is the important point. A SaaS company with a competitive offering isn't participating in the economy. Participation requires distribution. Distribution consists of on the ground sales, channel partners, post sales support, marketing, education, a developer ecosystem, trust, security and compliance buy in, workforce training, and a host of other components that a new company doesn't have. The vast majority of startups with great products perish because they don't have this and there's few shortcuts.
Monopolistic practices are really neither here nor there. You can see distribution win over product quality in every industry. Out of product, brand, and distribution, product contributes the least to market cap.