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Interesting argument, but I sort of doubt that local small businesses and bootstrapped startups really need to worry too much about VC-backed startups that trul
by lauradhamilton 13y ago
Interesting argument, but I sort of doubt that local small businesses and bootstrapped startups really need to worry too much about VC-backed startups that truly lose money on the the margin.
In general startups that lose money on the margin do not last very long.
Anyway, if the theory is that this food delivery service is selling under cost in order to get rid of the competition, well, then they are going to be displeased to discover that the barriers to entry for a food-delivery service are not particularly high.