3 ms·
So what's the moat here? I can start a business and sell the same scooter for 1000euros and undercut everyone. I wonder what is preventing competition here from
by wraptile 1y ago
So what's the moat here? I can start a business and sell the same scooter for 1000euros and undercut everyone. I wonder what is preventing competition here from solving this issue organically
- jbverschoor 1y agoThat’s where tariffs and VAT, and some warranty legislation comes into play
- Incipient 1y agoI think it's a numbers game. Sell random popular product X at a huge margin, and you'll get some people that don't shop around that will buy it. Will you be the next bezos? No. Will you make a living with little effort and little smarts? Probably.
- numpad0 1y agoTotally speculating but, the moat must be Chinese speaking employees with enough engineering background at company office. Chinese factories look open to any reasonable businesses so long both are pragmatic and both talks the same language anyhow, but East Asian languages and cultures are related or connected to nothing else so just maintaining good mutual understanding can be hard(and I don't think LLMs help that much).