This post reminded me of Kopelman's "Anti-penny gap" http://redeye.firstround.com/2008/01/some-thoughts-o.html http://redeye.firstround.com/2008/01/some-thought

This post reminded me of Kopelman's "Anti-penny gap" http://redeye.firstround.com/2008/01/some-thoughts-o.html http://redeye.firstround.com/2008/01/some-thoughts-o.html Price signaling is very real. High price almost always signals quality. Just look at luxury industry and how they can sell $30 worth of goods & labor for $1000s of dollars.