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by beAbU 329 days ago
It's the whole "we're selling $1 bills for 50c, but we're not worried, we'll make up for it by scaling up."
1 comments

Imo the pithier version is “we lose money on every sale, but we’ll make it up on volume!”
It's profoundly depressing that this is basically the model for almost all startups in the last twenty plus years. :shrug: