“Knives are coming out” in supermarkets and who will sell their knives expensively – Economic Postman – 2024-03-11 08:41:38

· The mega deal achieved by BETA Systems with the Nasdaq-listed American Cadence reminded many that there is innovation in Greece.

· And human resources that can stand out abroad and stand out, producing unique products and services.

· After all, it was not by chance that the Americans gave 1.15 billion to acquire the know-how of the northern Helladic company.

· But it also showed something more, as people who know the technological space in Greece say.

· That the young Greek entrepreneurs of the start up ecosystem are determined to sell their… “tomari” much more expensively.

· The first generation of successful start ups that were sold to multinationals were more insecure.

· And they hastened to accept the offers they received. Maybe because they thought they would never have such an opportunity again…

· The new generation, however, is much more mature and, above all, much more self-confident about its capabilities.

· So they consider it very likely that in the future we will see a deal of a similar size and value to that of Panagiotis Kouvrakis’ BETA Systems.

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Supermarkets are a “boiling cauldron”.

· “Cauldron that boils” is the organized food retail trade.

· There may not be much coming out, but behind the scenes there is a lot of consultation going on about the future of the industry.

· We are not just referring to the discussions about acquisitions and mergers that have been going on non-stop for several years anyway.

· But mainly for the situation that is formed in terms of his representation.

· Some do not see with a “good eye” the decision of the powerful chains to unite and claim the role of the State’s official interlocutor for the entire industry.

· Because as they say to their interlocutors, not everyone is. They have the lion’s share, but they cannot represent everyone.

There is also a conflict of interest. In this direction, developments are expected soon.

· Stay tuned.