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Silly take. If my product is worth $5 and I sell it for $6, that’s a sustainable business. If a competitor uses VC cash to subsidise their operation and charge
by afavour 2y ago
Silly take. If my product is worth $5 and I sell it for $6, that’s a sustainable business. If a competitor uses VC cash to subsidise their operation and charge $1 they can run me out of business, then they’ll charge $6. Or, hey, $7, why not.
But it has nothing to do with my products value proposition.
- MichaelZuo 2y agoNo it isn’t a sustainable business, because the competitive landscape, which it has to be sustained in, would now also include this group out to get you for whatever reasons, for some unknown period of time.
- afavour 2y agoThat’s exactly my point? VCs distort the market.
- MichaelZuo 2y ago“If my product is worth $5 and I sell it for $6…” Is not a sustainable business in that specific competitive landscape. VCs don’t even need to exist for this to occur. So I didn’t mention anything regarding VCs and market distortions or lack thereof?