Businesspundit: Please Stop With Your Chinese Math
Monday, August 21st, 2006Businesspundit: Please Stop With Your Chinese Math
After all, they only need a small percentage of the market. The name stems from the idea that there are a billion people in China, so if you sell a $1 widget to just 1% of them that is $10 million in revenue. The assumption that is incorrectly applied [...]