Re:Ask HN: Are you put off building something because it alr...
by philbarr on Monday April 29, 2019 @06:35AM
(#19777186)
Game theory suggests why this is the case:
https://mindyourdecisions.com/blog/2008/03/25/game-theory-tu...
Re:Ask HN: Are you put off building something because it alr...
by rahimnathwani on Monday April 29, 2019 @06:22AM
(#19777129)
Multiple shops like this can survive because each has limited capacity, i.e. these two go up exponentially after a certain (quite early) point:
1. Time between walking in and paying.
2. Time between paying and receiving your food.
If one of those restaurants could maintain quality, and keep the above two metrics flat whilst a scaling to 4x, then the other 3 restaurants would lose business and eventually go out of business.
Online businesses don't usually have the same limits to scale.
Re:Ask HN: Are you put off building something because it alr...
by noir_lord on Monday April 29, 2019 @09:42AM
(#19778263)
A lot of those fried chicken places are fronts for money laundering.
Not all but many, ask yourself if you've ever wondered how 7-8 chicken ships stay open when only one is good and ever has customers.
Something does
The food is almost identical, the prices too, they are of course at a fixed location (but not quite sure how that makes any difference) and there are no seat constraints. Yet these places seem to stay alive even though none of them really offer anything different to the chicken shop next door.