4 ms·
This isn't exactly centuries ago, but my dad started a company selling a widget in the 90s; their business plan was to charge not just for the widget, but a yea
by pavel_lishin 1y ago
This isn't exactly centuries ago, but my dad started a company selling a widget in the 90s; their business plan was to charge not just for the widget, but a yearly cost for having the widget installed at all. I remember thinking this was weird even back then, but apparently that was the only way the company could have been profitable - if they sold the widgets for a flat fee, eventually everyplace the widget could be used would be used, and they'd run out of money, except occasionally replacing broken widgets.
The company ended up folding either way.