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Maybe. Stealing ad space from a competitor may be in itself valuable.

Another metric comes to my mind: if a newcomer has money to spend on ads, then it's a stable firm.

I'm sure there are more.



This is something people don't credit enough. How many times have you search for something by name and received a direct competitor's product as top result? This is why I put no stock in digital ads for the little guy. The bigger guy will always have a larger ad buy budget and will outbid you at every turn.




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