I haven’t thought too much about short term spending scaleup; thanks for the links, My current intuition is that our subjective distribution should not be highly bimodal the way you describe—it seems like the industry could land somewhere along a broad spectrum from perfect competition to monopoly (with oligopoly seeming most plausible) and somewhere along a broad spectrum of possible profit margins.
Thanks so much, glad you’re finding it helpful!
I haven’t thought too much about short term spending scaleup; thanks for the links, My current intuition is that our subjective distribution should not be highly bimodal the way you describe—it seems like the industry could land somewhere along a broad spectrum from perfect competition to monopoly (with oligopoly seeming most plausible) and somewhere along a broad spectrum of possible profit margins.