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by DuctTapeAI 1044 days ago
That's literally the entire point of VC funding. Folks love to talk about the network or advice VCs can give but the real value prop is the ability to operate at questionable/negative margins for longer than your competitors.
1 comments

In international trade, this is usually referred to as “dumping.” VCs simply adopted it domestically in a low regulation environment.
Imagine the kind of carnage that would happen if China ceased its shipping subsidies and started charging Western World prices for labor and materials.

They could throw the world economy into a massive recession and would probably trigger WW3 by simply paying their workers American minimum wage.