6 ms·
>> "there are effectively no barriers to entry." IMO, this will work against you in the long run. I suppose it allows you to test out ideas easily. Profit will
by increment_i 9y ago
>> "there are effectively no barriers to entry."
IMO, this will work against you in the long run. I suppose it allows you to test out ideas easily. Profit will be very hard to come by though.
- exelius 9y agoWell, no barriers to entry basically means it's a commodity market and that consolidation/scale is the key to competitive advantage.