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Re:Who Pays the Price for Selling $10 Bills for $5? by saalweachter on Friday April 05, 2019 @08:23AM (#19581780)
As a quibble, I would say the traditional VC-backed tech startup is a technology that costs $50mm to develop, but can be sold into a market of 10 million units @ $100 with a per-unit cost of $75.

"We can develop a monopoly by selling below cost" is some kind of traditional business, but I wouldn't call it a traditional tech startup.

Re:Who Pays the Price for Selling $10 Bills for $5? by mannykannot on Friday April 05, 2019 @08:43AM (#19581936)
Developing a monopoly while selling below cost was Amazon's path, and others took note - Uber, for example, which is hoping to corner the autonomous taxi market, and is effectively offering its current services with human drivers in order to position itself for that.