3 ms·
What part of spending $100 to get $10 being a bad idea is not obvious?
by staticautomatic 7y ago
What part of spending $100 to get $10 being a bad idea is not obvious?
- tapatio 7y agoAmazon was built doing just that.
- staticautomatic 7y agoApples and oranges.
- mooreds 7y agoThe part where it: * Lets you easily explore a new business offering * Without investing a large amount of engineering time As soon as they realized they had significant demand and horrible unit economics, they should have revised their cost structure/app architecture. Which is exactly what this post is about.
- listenallyall 7y agoIf I start renting Porsches for $10/day I'm going to have massive demand. When I finally build out the rest of my infrastructure, get tired of burning cash, and decide to start charging a price that reflects the true costs, the initial measure of demand is totally irrelevant.