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If VC has showed us anything, it’s that you don’t have to be cash flow positive. You just have to present the illusion that you just might be one day long enoug

• mrguyorama 3y ago
  >The real people being scammed by all this are secondary investors and pension funds. No, it's the real, legitimate businesses and employees that are in the space being """disrupted""" and lose their shirts and jobs because it's impossible for a legitimate business to compete with selling one dollar for fifty cents. Add to that all the normal people who liked using those businesses and liked how small they were and were perfectly happy and now are stuck using a shitty evil megacorp
  • koolba 3y ago
    There’s nothing inherently evil about large corporations and there’s no inherent right to a business model in the face of undercutting competition. Just relax and enjoy the subsidized rides and grocery deliveries while it lasts.
    • kcartlidge 3y ago
      > There’s nothing inherently evil about large corporations The post you're replying to was specifically referring to the megacorps involved in the disruption and predatory pricing. They never said there was anything inherently evil about large corporations. That said, I do agree with your prior comment: > The real people being scammed by all this are secondary investors and pension funds. Not exclusively, of course. You've both identified valid sets of victims.
      • mrguyorama 3y ago
        I don't know what I was thinking. I should have said and also rather than "no"