I don't get it. Why do US net startups very often make the same mistake of not expanding into the whole world quickly?
It took eBay something like 4 years to go to Germany, by which time there was a local clone there that proved to be uncatchable. The expensive result was that eBay had to buy the clone (Alando) for 43 million dollars to become relevant.
Kickstarter is still US-only. Stripe as well. So are countless others.
We're not talking about products that you need an huge infrastructure in the country. This is mostly about translation, and not explicitly prohibiting things.
The expenses seem miniscule to the possible upside. So why do all those fancy startups hold themselves back?
It took eBay something like 4 years to go to Germany, by which time there was a local clone there that proved to be uncatchable. The expensive result was that eBay had to buy the clone (Alando) for 43 million dollars to become relevant.
Kickstarter is still US-only. Stripe as well. So are countless others.
We're not talking about products that you need an huge infrastructure in the country. This is mostly about translation, and not explicitly prohibiting things.
The expenses seem miniscule to the possible upside. So why do all those fancy startups hold themselves back?