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Seems like you are equating owner's capital as a barrier to exit. In software, it's harder to exit because your capital is a sunk cost. Or are you saying because there is no sunk cost in non-software owners spoil the game in pursuit of an exit?
I'm not. If you look at my truck example, it's different. If I blow $100k on inventory vs. $100k on software development there is no closeout sale of hte software. I just close. That doesn't hurt my competition. Closeout of inventory does.
