If you can make 30% returns over here in social networking, why spend billions of dollars digging holes in the ground for 5% returns?
Because a market with 30% returns is going to attract a lot more competition than one with 5%. Look at Jeff Bezos's philosophy. He's deliberately attacked a very well established, low-margin business and he's made Amazon extremely successful at it.
Because a market with 30% returns is going to attract a lot more competition than one with 5%. Look at Jeff Bezos's philosophy. He's deliberately attacked a very well established, low-margin business and he's made Amazon extremely successful at it.