The easier the product is to build, the smaller the market that is needed for it to be viable.

· Bits and Bobs 7/6/26
  • The easier the product is to build, the smaller the market that is needed for it to be viable.
    • That is, the lower the Coasian Floor goes.
    • Software used to be expensive enough to have a non-trivial Coasian Floor.
    • Now, single-user software is viable.

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