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It's almost like he's undermining the one single thing the diamond sales industry had used to thrive for nearly a century before him.
by thephyber 2mo ago
It's almost like he's undermining the one single thing the diamond sales industry had used to thrive for nearly a century before him.
- mulderc 2mo agoSince the company itself didn’t mine diamonds and basically just took the market rate, his estimate was that they could achieve even better profit margins with lab-grown diamonds and would be positioned well even with eventual market competition. Given some other stories he had about the company, it sounds like they were more interested in not rocking the boat than long-term profits.
- pixelpoet 2mo agoYou definitely don't want to rock the boat and undermine the diamond industry, that much is crystal clear.
- deleted 2mo ago[deleted]