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I doubt it's even $10m losses. To your point -- presumably, if it's cheap enough people will start advertising who can't normally afford it.
by lettergram 3y ago
I doubt it's even $10m losses. To your point -- presumably, if it's cheap enough people will start advertising who can't normally afford it.
- crowcroft 3y agoI would point out that advertising $$$s is basically zero sum. I agree with the premise that if $75m is removed from the supply prices will go down and then new $$$s will come into the platform, so it's not a 1:1 drop in revenue, but you probably aren't going to see $75m of new money enter the market. Of course Tesla or SpaceX could decide they want to start running ads?