4 ms·
> If your company is doing something remotely serious [..] (Sorry I have to ask this) but what types of companies are you talking about? Uber? Netflix? Spo
by logifail 4y ago
> If your company is doing something remotely serious [..]
(Sorry I have to ask this) but what types of companies are you talking about?
Uber? Netflix? Spotify?
For those maybe, just maybe, the secret sauce isn't actually secret any more, it was simply cheap VC money subsidising all our rides/viewing/listening.[0][1][2][3]
[0] https://slate.com/business/2022/05/uber-subsidy-lyft-cheap-rides.html https://slate.com/business/2022/05/uber-subsidy-lyft-cheap-r...
[1] https://financialpost.com/investing/investing-pro/investors-have-subsidized-our-uber-rides-spotify-tunes-and-netflix-bingeing-but-maybe-not-for-much-longer https://financialpost.com/investing/investing-pro/investors-...
[2] https://www.nytimes.com/2021/06/08/technology/farewell-millennial-lifestyle-subsidy.html https://www.nytimes.com/2021/06/08/technology/farewell-mille...
[3] https://www.latimes.com/business/technology/la-fi-tn-uber-ipo-lyft-fare-increase-20190511-story.html https://www.latimes.com/business/technology/la-fi-tn-uber-ip...