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I don't think it's so cut and dry. Many VC-backed businesses implement a growth-first pricing strategy that undercuts competitors. Some of these businesses fa

I don't think it's so cut and dry. Many VC-backed businesses implement a growth-first pricing strategy that undercuts competitors. Some of these businesses fail and create a net harmful effect (by forcing sustainable businesses to shut down). But, some of these VC-backed businesses also go on to be wildly successful and valuable to society (in a way that would have been impossible without this growth first mentality). Before we call this pricing pattern antisocial, I'd want to see some thoughtful cost benefit analysis.

zzzcpan 7y ago
> But, some of these VC-backed businesses also go on to be wildly successful and valuable to society (in a way that would have been impossible without this growth first mentality). Why would it be impossible? It would be equally possible, only wealth would not be as concentrated.
m0llusk 7y ago
Exactly. Not cut and dry. Open opportunities for cost and benefit analysis. Instead of only asking what was done and whether operations endure, look beyond at the larger market. Did competitors respond to competition or disruption? Are there more or fewer options now available to consumers? Did the size of the involved markets change? That sort of thing could be extremely interesting and reveal opportunities but currently gets relatively little discussion.