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It can be tempting to ride the train of startups whose main innovation is being willing to sell their product at a loss, but doing so hurts other businesses who
by noelsusman 7y ago
It can be tempting to ride the train of startups whose main innovation is being willing to sell their product at a loss, but doing so hurts other businesses who are unfortunate enough to have to make some money to keep the lights on. Lots of perfectly fine companies have gone out of business because a startup disrupted their industry by setting money on fire.
I still ride the train, but it does give me pause sometimes.