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by CharlesW 1303 days ago
> “Value capture” means rent-seeking.

How is it "rent-seeking" to have an optimal pricing model? https://en.wikipedia.org/wiki/Rent-seeking

2 comments

How is it not? You are trying to increase your profits without producing additional value.
Let’s assume the device or saas replaces something that cost $X per whatever.

The optimal pricing model will charge as close to $X without going over.

Even if charging $1/10th x would be wildly profitable.

Perhaps the term “price gouging” would be better.