Very underrated. A company's ability to increase cost while maintaining LTV and growing their customer base has always intrigued me! Very few can do that, and it's astonishing... well, in my opinion, it is.
You're also spot on regarding stacks. I think it's one reason vertically integrated companies do so well, from private to public. As an engineer, I worked with public Fortune 100 and 500 companies, private firms, and startups. The vertically integrated few typically saw better margins and lower turnover.
Very underrated. A company's ability to increase cost while maintaining LTV and growing their customer base has always intrigued me! Very few can do that, and it's astonishing... well, in my opinion, it is.
You're also spot on regarding stacks. I think it's one reason vertically integrated companies do so well, from private to public. As an engineer, I worked with public Fortune 100 and 500 companies, private firms, and startups. The vertically integrated few typically saw better margins and lower turnover.