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No 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 wha
by MichaelZuo 2y ago
No 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?