Excuse me how does a company lose $5,200 for every customer that they have...

boingboing.net/2019/08/15/more

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@Gargron

Startups like Uber etc pretend they are gaining customers through innovation, but all they are really doing is buying market share by providing artificially cheap services, so they can run rivals off the road. When rivals disappear, prices go up.

Stable companies with sustainable business models that treat their employees well are being unfairly squeezed out of the market, unless they too start screwing workers and throwing money away. (See also Amazon and their pee bottles.)

@switchingsocial @Gargron Microsoft used to fo the same thing with their office products. If you heavily undercut the market and give it away for free to businesses and universities, no one can compete with you and they die off, while you live off of your fat reserves.

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