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But every industry can be shaken up if you're willing to give things away effectively for free with VC money. I don't know if that translates to proving an indu
by michaelchisari 8y ago
But every industry can be shaken up if you're willing to give things away effectively for free with VC money. I don't know if that translates to proving an industry needs a shakeup.
- Fomite 8y agoExactly. It's easy to "shake up" and "disrupt" an industry by spending VC money like it's going out of style. "People like things given away at below market rates" isn't even a proof of concept.
- indecisive_user 8y agoAlamo Drafthouse is testing its own subscription service and AMC already rolled theirs out. Now maybe it's just coincidental timing but moviepass certainly proved there's a huge interest in that model of movie tickets.
- Mindwipe 8y agoChain specific subscription services (at more sustainable costs than Moviepass) have been common outside the US for a number of years. Indeed, that's where Moviepass got the idea from. I don't think Moviepass proved much there.
- cncrnd 8y agoThink of it not as a shake up, but as a wealth transfer from investors to the proletariat. It's like how Uber has been giving me $3 rides while it posts losses 1/3 of revenue. I should send VCs a thank you card, those loveable dummies!
- michaelchisari 8y agoI'm not opposed to wealth transfer from investors to proles, I just wish it was more sustainable. And maybe in the form of health care and not movie tickets. :)
- maerF0x0 8y agoMPs data would kind of help show the supply curve for movies. Something like @Free user X would watch N movies per month. It's an interesting thing because Theaters may consider making movies free, but charging 2x for food...