> might have started a competing company Point well taken, but in the case of MoviePass I'm not sure this is a bad thing? I can see how it's a long-term harm

> might have started a competing company Point well taken, but in the case of MoviePass I'm not sure this is a bad thing? I can see how it's a long-term harm if a value-adding startup is shut out by a competitor which relies on burning investor money. But I really can't work out what value-added startup MoviePass could be displacing; effectively the only benefit for consumers is the artificially low pricing. It seems like "VC money pit" is the entire story for this one.