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There's a clear difference in trade economics between eating initial losses as a risk to acquire customers (which every company does, including the one man food
by fakedang 3y ago
There's a clear difference in trade economics between eating initial losses as a risk to acquire customers (which every company does, including the one man food truck by your street), and doing it with a fat war chest backing it with the only goal being to wipe out the competition. Garage startups aren't looking to wipe out the competition (yet), unlike the likes of Google and Uber.