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Really? SV takes this to the extreme. The never make money, give out tons of coupons, charge super low prices, kind of strategy. If anything, SV is too far-sigh
by smabie 6y ago
Really? SV takes this to the extreme. The never make money, give out tons of coupons, charge super low prices, kind of strategy. If anything, SV is too far-sighted, not myopic.
- colechristensen 6y agoCapturing markets (or trying) by burning VC money is different than trying to build customer loyalty with good service. VC fueled business cares about market share/profit potential, not profitability.