It would be better if investors gave no reason when they turned cos down than their usual "it's not you, it's me" reasons.
-
-
You say "crowded market" is a "bogus rejection" and present Google as evidence; argument is only valid if Goog success was related to market
-
No. To work as a counterexample, all Google has to do is succeed despite being in a crowded market.
-
You're really saying Google's success despite being in a crowded market means that ALL investor criticism based on crowded markets is bogus?
-
No, specifically that rejecting a company for being in a crowded market is. That being how counterexamples work.
-
Respectfully, no it's not. Just having a counterexample doesn't invalidate a belief. After all, there are counterexamples to everything!
-
Weighing the evidence - Google on the one hand, all other search cos on the other - I conclude that being in a crowded mkt is a disadvantage
-
Depends. If your core is "doing the same, but better/cheaper/faster", then you *want* crowded markets.
-
Besides I don't think PG is saying crowded mkt is an invalid reason. Just that it's often used as an easy out by investors.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.