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by sdenton4 3582 days ago
"We're losing a dollar in every transaction, but we'll make it up on volume!"
2 comments

Wasn't that said of Amazon? Apparently the model has precedent for success (assuming you consider Amazon is successful).
It's not as simple as that. The market becomes more efficient as the volume goes up. The simple example is uberPOOL. Many driver subsidies kick in only when a driver does not earn enough.