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HN is always full of news about startups that burn millions of dollars in order to, perhaps, eventually, have enough of a product and enough exposure to become
by lutorm 11y ago
HN is always full of news about startups that burn millions of dollars in order to, perhaps, eventually, have enough of a product and enough exposure to become a profitable business.
How is what the winner of this bid did any different from what all these startups do every day? At least they staked their own money to make a name for themselves.
Isn't the term for this a "loss leader"?