bitbybit on Nostr: Yes the current model is growth at any cost, monopolize the market and squeeze all ...
Yes the current model is growth at any cost, monopolize the market and squeeze all competition out. Once you're the last one standing raise prices. Amazon did this, Uber and Lyft are the last two standing. The battle in food delivery is currently happening. Grubhub, doordash, Uber eats, postmates , go puff. Same game playing out. None of these companies are profitable.
Only possible with unlimited money and cheap interest rates. You can operate at a loss for 15-20 years until you monopolize an industry then you set the prices. Totally guts the economy.
Published at
2025-03-17 21:40:39Event JSON
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