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This ignores the other big reasons to take losses early, when one is a new(er) player in a market with a dominant competitor. It's not completely wrong, but in
by unethical_ban 6y ago
This ignores the other big reasons to take losses early, when one is a new(er) player in a market with a dominant competitor.
It's not completely wrong, but incomplete.
- Johnny555 6y agoDoesn't the same logic apply -- that new upstart is unproven and is essentially paying people to use their platform. The last thing your burgeoning new business needs is trying to debug issues on a brand new platform, you can't even hire industry experts to help because there are no industry experts. So if you want to work on building your business and not debug cloud provider issues, avoid the new upstart.