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Sounds like vc money has found another industry to come into and kill thousands of mom and pop businesses. As this process continues, massive investments to tak
by guelo 11y ago
Sounds like vc money has found another industry to come into and kill thousands of mom and pop businesses. As this process continues, massive investments to take over every industry by using efficiencies of scale, will there be any room left for the lower class entrepreneurs?
- jgalt212 11y agoexcept for the fact that one-to-one face-to-face customer service does not scale. So if a key value proposition of your mom and pop biz is such customer service, then I'd say you're fairly safe for the near/medium term.
- paulbaumgart 11y agoOnly in markets that are still meaningfully segmented by geography.
- inthewoods 11y agoSounds like they disrupted a terribly inefficient market to the end benefit of ordinary consumers who get a better product - market dynamics in action.
- spectrum1234 11y agoWhy are mom and pop businesses better than those who buy or sell/cut hair? Shame on you for objectively deciding one group of people is better than another.
- rosser 11y agoReally? "Shame on you"?
- Pizzalover 11y agoFuck you
- dang 11y agoPersonal attacks are not allowed on HN. This comment would be fine with just the first sentence.