Don't understand the second point either. 20% margins is plenty. See: http://abovethecrowd.com/2013/04/18/a-rake-too-far-optimal-p...
And tech-driven businesses have lower marginal costs thus can succeed with lower gross margins.
Don't understand the second point either. 20% margins is plenty. See: http://abovethecrowd.com/2013/04/18/a-rake-too-far-optimal-p...
And tech-driven businesses have lower marginal costs thus can succeed with lower gross margins.