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Is it really a market when you created it by burning $6 for every dollar you make?

• zmmmmm 4y ago
  Unless you have a way to separate out what is attributable to forward investment vs current operating expense / revenue I don't think you can tell. Zuckerberg himself has painted a 10 year timeline on the investments they are making now. To take it to a silly extreme, Apple has probably burned $14bn and hasn't released anything yet. So they have burned $infinity for every dollar they made. Does it make it a failure?
• pgwhalen 4y ago
  This is a good point, but I don’t think it’s as strong an indicator as, say, Uber selling rides below cost. I have a Quest headset which I now play a single game on, and I don’t generally game. I’ve shown an interest in the overall market. It’s not as though it’s an obvious deal for me to use, like ride sharing or food deliver.