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>It's a well-established, economically rational business model to subsidize prices in order to gain market share. Economically rational for the business owner,
by LordDragonfang 2y ago
>It's a well-established, economically rational business model to subsidize prices in order to gain market share.
Economically rational for the business owner, maybe, but it inevitably results in eventual enshittification for the consumer. (And Uber isn't a great example of this; its share price has only recently surpassed what it was at IPO 4 years ago, and many companies don't even do that well)