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We don’t know how much their BOM increased. They likely were either losing money or not much margin, and with the market going downward they probably couldn’t a
by azinman2 4y ago
We don’t know how much their BOM increased. They likely were either losing money or not much margin, and with the market going downward they probably couldn’t afford to offset it as much anymore.
- noncoml 4y agoImagine where Uber would be today if they wanted to stop losing money so early in the game.
- azinman2 4y agoEarly? They’ve been selling in the market for over 6 years now.
- noncoml 4y agoYeah early as in early in market domination.
- spywaregorilla 4y agoAnd they're still losing money with no path towards profitability or market domination?
- noncoml 4y agoYeah don’t disagree. But how will increasing the price help them?
- spywaregorilla 4y agoYou asked > Imagine where Uber would be today if they wanted to stop losing money so early in the game. Well if they stopped they could have lost less money
- rcoveson 4y agoThey could switch from UTF-8 to UTF-16 to decrease their BOM by 33%.