News for hackers. Stuff that matters.
Re:MoviePass couldn’t afford to pay for movie tickets on Thu... by jondiggsit on Friday July 27, 2018 @12:17PM (#17627057)
Is this a common strategy? Are you kidding? The entirety of Silicon Valley is predicated upon and funded by this business model. Almost every service provided by a SV startup is subsidized.
Re:MoviePass couldn’t afford to pay for movie tickets on Thu... by maerF0x0 on Friday July 27, 2018 @01:34PM (#17627632)
Its subsidized in its R&D cost though. Not in the marginal cost of servers/apis ...

I sometimes joke like our first customer cost us $2M but our 2nd was wildly profitable!

Re:MoviePass couldn’t afford to pay for movie tickets on Thu... by rhizome on Friday July 27, 2018 @06:50PM (#17630101)
Not in the marginal cost of servers/apis...

Have you ever heard of companies that buy services from other companies under the same VC?