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They sell things for less than cost at scale, what basic value proposition is that? Read that S-1, it's an absolute hot mess.
by jonknee 7y ago
They sell things for less than cost at scale, what basic value proposition is that? Read that S-1, it's an absolute hot mess.
- munificent 7y ago> They sell things for less than cost at scale, God, I love this phrase so much. It's such a brilliant stab at many of these recent unicorns. "Oh you think they can burn money fast, well watch how fast we burn it! We're number one!"
- mrguyorama 7y ago"We lose money on every transaction but we'll make it up in volume!" was literally the rallying cry of the DotCom boom/bust. It's not new