If they're not sufficiently predictive, the tests would be just
another costly barrier to entry, making matters worse, not better.
If a biglaw attorney laid off from a New York job wants to try opening a practice in a remote underserved area in another state, why not remove
costly barriers to entry?
Not exact matches
Barriers to entry: New entrants might find this field highly technical and
costly.
By doing this, M14 aims
to break down one of the biggest
barriers of
entry into the dating space — the large setup cost required
to build a great product — therefore making the space more accessible
to people with good ideas, but financial constraints, by enabling them
to focus on building a competitive brand without having
to be weighed down by the
costly demands of tech & infrastructure.
Second, there are
barriers to entry; creating a new title insurer would involve creating or purchasing new databases of property records, which would be prohibitively
costly.
Intent -
to - use applications are beyond the scope of this post, but should be a real consideration when there are either extremely quick development cycles with low
barriers of
entry for competitors, or very long and extremely
costly development cycles.