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"We'll lose on every sale but make it up on volume" takes me right back to the dot com era. It's amazing what central banks can achieve when they really put the
by esja 4y ago
"We'll lose on every sale but make it up on volume" takes me right back to the dot com era. It's amazing what central banks can achieve when they really put their minds to it.
- spaceman_2020 4y agoThe responses to my statement just reconfirms my belief that all these startups and the people running them will never be profitable. Way too many clever "ackshually..." responses that keep confusing (maybe deliberately) the context of the problem.
- esja 4y agoThe same happened in the dot com era. They don’t understand the layers beneath them that make their businesses temporarily viable. Well, maybe their CFOs understand, but the rest of them either don’t, or have to pretend that they don’t.