[_edo]

> [Company] then used this cash to underprice competitors in [market], hoping to be able to profit later once it had a strong market position in [market].

This template appears to be one of the author's deepest understandings of capitalism. It wouldn't be so bad if I didn't look at his resume and realize he was Senior Policy Advisor and Budget Analyst on the Senate Budget Committee from Dec 2014 – Dec 2016.

edit: also 2 years as a Senior Policy Advisor for a congressman

[legitster]

Yikes.

There's an intelligent conversation to be had for sure about how large firms like SoftBank are intentionally playing the market and unsavvy investors. This isn't it.

[_edo]

Interesting. I'm not sure I understand why one type of charlatan is more important than the other.

If you want WeWork/SoftBank to be regulated, which a lot of people do, it's kind of important that the people doing the regulating understand what they're doing.

(edit: If you think a comment is off-topic then just say so. There's no need to be so insulting.)

[legitster]

The 'yikes' was more a response to his credentials. I agree, this argument seems scary coming from a policy adviser.

[_edo]

I apologize, I took your comment personally when I shouldn't have.