Stealth • 9m
Different companies can serve different markets with the same idea, nothing wrong with it. Most times, it is even desired. “Cloning” (if we can call it that) is a resistive force to monopoly. In this story though, this isn’t the case because they sold their companies to an existing market leader, but even from the buyers’ POV, they are saving a lot of time and capital by simply acquiring other smaller players in different markets rather than getting their hands dirty in unfamiliar markets. Something beautiful about capitalism IMO 😆
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