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by djoldman 20 days ago
What's rarely addressed in these articles is the question: if the product/service is so bad relative to the cost, where's the competition? Specifically in this article about fire trucks, they say that margins have tripled... ok, why isn't anyone jumping on that?
3 comments

> why isn't anyone jumping on that

So you're looking to attract investors with smaller margins on specialized $500k trucks that don't yet exist for a sector already monopolized by PE?

I imagine it's not trivial to start a fire truck company.
The PE vultures are deliberately targeting business sectors with high barriers to entry. It's part of the grift.