Erlend on Nostr: Via npub1hykuc…73p33 > What's a Venture Predator? It's "a startup that uses venture ...
Via npub1hykucplphuhelaxutcw4jw3vuu7gcg42czhqmk7jhchs8vdga4fsj73p33 (npub1hyk…3p33)
> What's a Venture Predator? It's "a startup that uses venture finance to price below its costs, chase its rivals out of the market, and grab market share."
> The predator sets $m or $b of dollars on fire chasing "rapid, exponential growth" all in order to "create the impression that recoupment is possible" among future investors, such as blue-chip companies that might buy them out, or sucker retail investors who buy in at the IPO, anticipating years of monopoly pricing.
> What's a Venture Predator? It's "a startup that uses venture finance to price below its costs, chase its rivals out of the market, and grab market share."
> The predator sets $m or $b of dollars on fire chasing "rapid, exponential growth" all in order to "create the impression that recoupment is possible" among future investors, such as blue-chip companies that might buy them out, or sucker retail investors who buy in at the IPO, anticipating years of monopoly pricing.