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>> Losing crazy amounts of VC cash to compete against traditional companies that must be cashflow positive. > So borrowing money from investors to compete with
by amykyta 10y ago
>> Losing crazy amounts of VC cash to compete against traditional companies that must be cashflow positive.
> So borrowing money from investors to compete with somebody is now a despicable thing, maybe even a crime?
That's considered economic dumping and is likely a net negative in the end. They ruin the competition by operating at a loss and then collect rent when they are the only ones left.
- xapata 10y agoDoes that work for airlines? Let Uber give it a try. They are unlikely to gain a monopoly.