Fred Wilson recently wrote a blog post about this: http://avc.com/2015/10/negative-gross-margins/ http://avc.com/2015/10/negative-gross-margins/ A lot of comp

Fred Wilson recently wrote a blog post about this: http://avc.com/2015/10/negative-gross-margins/ http://avc.com/2015/10/negative-gross-margins/ A lot of companies will fail because their investors will lose patience and no longer support subsidized pricing.