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Comment on How I sold my start-up for $40 millionparent

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I think you're generally right.

If you can dominate a market in Australia you may end up being just as good a business as if you are one of ten players in the US market. Spreets was first to market in Australia, but unfortunately many others popped up very quickly so no one really owns the space.

About "owning the space", it's a website with deals, how much loyalty can one expect...

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