This concept of small manufacturers that excel in their niche has been the oldest business model in history.
Especially in Japan and Germany many companies have existed for over a millenium like that, and even today half of the made profits are by small, (50 people or less) companies that are hidden champions.
You probably never heard of http://www.walterwerk.com/en/, but they’re the world’s leader in machines that produce ice cream cones.
As you said, it’s not just since computers that these companies existed – they’ve existed for centuries.
But what is different this time is that for the first time investors are trying to invest in these small businesses, and try to make a huge profit out of them.
This concept of small manufacturers that excel in their niche has been the oldest business model in history.
Especially in Japan and Germany many companies have existed for over a millenium like that, and even today half of the made profits are by small, (50 people or less) companies that are hidden champions.
You probably never heard of http://www.walterwerk.com/en/, but they’re the world’s leader in machines that produce ice cream cones.
As you said, it’s not just since computers that these companies existed – they’ve existed for centuries.
But what is different this time is that for the first time investors are trying to invest in these small businesses, and try to make a huge profit out of them.