4 ms·
You can check my comment to cement this. The pay is excellent but the organization fits people’s general ideas of oracle. I saw contracts signed where we’d purp
by soared 5y ago
You can check my comment to cement this. The pay is excellent but the organization fits people’s general ideas of oracle. I saw contracts signed where we’d purposely lose money for years in order to box out competitors in the short term and then jack up prices for the client in the long term.
What people don’t typically think about though is how massively successful oracle is because of these strategies. They work really well.
- kaba0 5y agoIsn’t that a pretty widely used strategy? Eg. Uber pretty much lost on initial rides (maybe even now), so it’s hardly big evil Oracle, but big evil capitalism.
- usefulcat 5y agoExcept that Uber's product is a commodity. It's far, far easier to switch to using a different ride sharing app than it is to switch to using a different database. Especially for a large organization.
- ndesaulniers 5y agoBig evil predatory pricing. https://www.investopedia.com/terms/p/predatory-pricing.asp https://www.investopedia.com/terms/p/predatory-pricing.asp
- behringer 5y agoCommon, but illegal. https://www.ftc.gov/tips-advice/competition-guidance/guide-antitrust-laws/single-firm-conduct/predatory-or-below-cost https://www.ftc.gov/tips-advice/competition-guidance/guide-a...