Wise: Competing with MediaOcean requires $50B to $60B in processing volume
Bill Wise · 863 AdTech: $720m Valuation, The 50+ Year Unicorn Processing $160 Billion in Spend · Dec 4, 2017 · at 7:25
MediaOcean CEO Bill Wise explains how charging a tiny fraction of a percent creates an insurmountable scale barrier against potential competitors.
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“So we've commoditized, you know, what we do way down so it'd be very difficult for someone to compete with us, because you would really, literally need to have 50 or sixty billion of spend going through the system just to compete.”
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