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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Michael Girdley‏ @mgirdley Jun 20
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      The vast majority (north of 85%) of software companies never break 5mm in annual revenue. Many never get past 1mm nor break a profit. One reason: software competes globally across the Internet, where local businesses have limited competition. (Stats from an internal dB.)

      3 replies 1 retweet 23 likes
    2. Molson Hart‏ @Molson_Hart Jun 20
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      Replying to @mgirdley

      True/False, US domestic software companies will have a tough time when the cheap foreigners crack US sales.

      1 reply 0 retweets 1 like
    3. Michael Girdley‏ @mgirdley Jun 20
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      Replying to @Molson_Hart

      Hmm... will they? Software is also already leveraging the benefits of being overseas by hiring cheaper talent there.

      1 reply 0 retweets 2 likes
    4. Molson Hart‏ @Molson_Hart Jun 20
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      Replying to @mgirdley

      IMHO yes, they will. If e-commerce is an analog, Chinese in China are hurting US with manufacturing in China. Don't see it wouldn't be similar in software.

      1 reply 0 retweets 1 like
    5. Michael Girdley‏ @mgirdley Jun 20
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      Replying to @Molson_Hart

      I guess I’m questioning if it’s a fair analog. Software selling and buying is very different than physical widgets on Amazon.

      1 reply 0 retweets 0 likes
    6. Molson Hart‏ @Molson_Hart Jun 20
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      Replying to @mgirdley

      I'm not out of my area of competence totally here. You know more but, it feels pretty analogous to me. Helps to be near your manufacturing OR software development team.

      2 replies 0 retweets 1 like
    7. Michael Girdley‏ @mgirdley Jun 20
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      Replying to @Molson_Hart

      In software, I’d argue it’s better to be near your customer.

      1 reply 0 retweets 2 likes
    8. Molson Hart‏ @Molson_Hart Jun 20
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      Replying to @mgirdley

      That's an interesting question. For software development is it better to see your customer or your employees. Need both. Customer probably more important. I do think Indians and Chinese will figure this out and undercut American firms on price. Haven't seen it yet though.

      2 replies 0 retweets 1 like
    9. Michael Girdley‏ @mgirdley Jun 20
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      Replying to @Molson_Hart

      We will see. I’m doubtful. America is really good at intellectual property businesses.

      1 reply 0 retweets 1 like
      Molson Hart‏ @Molson_Hart Jun 20
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      Replying to @mgirdley

      Haha, I won't argue with you on that one.

      10:11 AM - 20 Jun 2020
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      • Michael Girdley
      0 replies 0 retweets 1 like

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