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Totally agree. Something that I find worrying is that there is an increasing share of the capital converging at top of society. The result of this is that if yo
by jiggy2011 14y ago
Totally agree.
Something that I find worrying is that there is an increasing share of the capital converging at top of society.
The result of this is that if you want to build a profitable company, you are best off getting revenue by targeting these people rather than the middle and lower classes. Unless you have a product like tobacco or farmville that happens to be addictive of course.
So there are more people worried about solving problems like "I have a house full of massive TVs but I still need to press the remote to change channels!" than problems like "I'm poor and can't get a job".
The accepted Wisdom on HN seems to be that if you are targeting average consumers you better make your product free because they don't have money to pay for it. So you still need to build the business model around high net worth people (like advertising companies).