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Stopping services for loyal and long time consumers is insane. Even if your profit margin is lower in that business you keep it alive because you respect people
by ekianjo 3y ago
Stopping services for loyal and long time consumers is insane. Even if your profit margin is lower in that business you keep it alive because you respect people who have carried you to where you are now. The hubris...
- chii 3y ago> Stopping services for loyal and long time consumers is insane it's not, unfortunately. If the business isn't making _enough_ money (where "enough" actually means maximum possible out of all of possibilities), then you are better off switching the investment to the other investment that is returning more.
- tspike 3y agoEven better would be selling it to someone who wants it.
- whatshisface 3y agoNetflix is a public company, so that investment tradeoff decision is being made about allocating money not between online netflix and mail netflix, but more like borax and mail netflix.
- sharts 3y ago[flagged]
- dang 3y ago"Please don't fulminate." https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html