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by boublepop 2224 days ago
They are engineered to take a loss. If market conditions improve they ramp up costs. It’s not a game to maximize profits yet, it’s a game of trying to maximize vale extracted from losses.
1 comments

"We're losing money on every sale!"

"Don't worry, we'll make up for it in volume."

Is that from silicon valley? Because I have to say that Seinfeld (Kramer) already did that bit, hilariously, many years ago.
According to this post: https://www.barrypopik.com/index.php/new_york_city/entry/we_...

the original use of the joke/phrase goes back to at least 1933 and likely further.