And I think you're right, except that I am also betting that that tiny portion of the market will grow as the market becomes flooded with cheap, wrong stuff.
it already started happening - we're all paying attention to it and I bet more than half the people here are trying to work out how to make money from it.
I'm thinking punchd, Belly, LevelUp, Plink, not to mention offerings from Groupon, foursquare... They may be able to profitably acquire businesses now, but isn't it a coinflip as to who will win in the long-term?
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