Companies that have business in foreign markets are worth much more than companies that only have customers domestically.
Even just small export ratios can increase the value of a technology company more than ten times.
Software companies typically commence international expansion before they are firmly settled in their domestic markets, before they have a professional management infrastructure in place and at a time where they can allocate only tiny budgets to the endeavour.
Tbk Consult Aps Going global on a shoestring: global expansion in the software industry on a small budget, paperback/hans peter bech
