Monday, August 24, 2009

Part two

NFI's interview with Ori

What differentiates a good from great business?
We all know the standard answer to this question: a business with that can easily grow without reinvestment, no competition, can raise prices ,etc. But if you can find that let me know. We try to find things that approach a great business with good management.In business school you learn all these models. You think about switching costs, economies of scale, network effects, etc. And based on these models you conceptualize what is a great business. But it is very important to then compare the business reality to your conceptual model....

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