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by jkachmar 2082 days ago
Because that might actually represent the fair market value that these sorts of storefronts represent?
1 comments

30% in physical shops is entirely different to 30% on digital shop fronts.

In physical shops you have a lot more capital invested, because that 30% feeds the retailer, the landlord, the construction company whereas the mobile marketplace has gobbled up two layers of the economy and charges the same rate with pretty insanely significant barriers of entry to compete.

It comes down to a question of monopoly and how much is too far which maybe everyone here has differing opinions on when that limit is reached.

Google has invested 100s of billions in Android.
As of 2016, the number was ~$9B given that they had $31B in revenue and $22B in profit.

https://www.theverge.com/2016/1/21/10810834/android-generate...

100s of billions in 2020 seems off by at least an order of magnitude.