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It doesn’t have to last forever, it just has to last longer than the competitor.
by baldajan 9y ago
It doesn’t have to last forever, it just has to last longer than the competitor.
- TaylorAlexander 9y ago“We lose money on every sale but we make it up in volume.”
- adjkant 9y agoThis isn't intrinsically true. If they raise the prices, does the market go away? If they are able to outlast and go to self-driving cars, how profitable is that business when factoring in competition, possible regulation, or it even becoming a public utility?
- baldajan 9y agoYou’re underestimating the current oligarchy that exists. That’s why net neutrality is dead. You’re right, it’s not intrinsically true, but it’s pretty damn close to it... Side note: big companies generally die because they don’t take a real threat seriously, and by the time they do, it’s too late.