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Oprah (Harpo Studios)
Acquired
Is It a Gross Margin?
An eighty five per cent margin is amazing. If you run a business where your costs are fixed to the type of content or sophor or whatever you create, then your audience scales completely independent of that. This was the whole thesis of technology and software and venture capital up until e people start realizing they can also build tech businesses with lower gros margins in the reail world. And when they scale, they just create beautiful, beautiful businesses....
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