3 ms·

It was the clearest example of a start-up designed to build marketshare without any idea how to profit from that marketshare. Anybody can create a business tra

It was the clearest example of a start-up designed to build marketshare without any idea how to profit from that marketshare. Anybody can create a business trading $5 for $6 dollars and get millions of subscribers but that doesn't make that business idea good.

dawnerd 8y ago
They had a plan but it backfired when the theaters refused to give them a cut of concessions. Also backfired when their funded movie flopped.
- wvenable 8y ago
  They thought they could use their millions of customers as leverage against the theaters but that was a ridiculous plan.