Also, VCs do fund competitors so it's not as black & white as you think.
For that, there needs to be an alternative option. Just look at Walmart and how they destroy small food stores in a massive radius around them as no small retailer can compete with their scale.
No, they don't always have a choice
For that, there needs to be an alternative option. Just look at Walmart and how they destroy small food stores in a massive radius around them as no small retailer can compete with their scale.