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by baldajan 3087 days ago
It doesn’t have to last forever, it just has to last longer than the competitor.
2 comments

This isn't intrinsically true.

If they raise the prices, does the market go away?

If they are able to outlast and go to self-driving cars, how profitable is that business when factoring in competition, possible regulation, or it even becoming a public utility?

You’re underestimating the current oligarchy that exists. That’s why net neutrality is dead. You’re right, it’s not intrinsically true, but it’s pretty damn close to it...

Side note: big companies generally die because they don’t take a real threat seriously, and by the time they do, it’s too late.

“We lose money on every sale but we make it up in volume.”