Re:Google Photos will end its free unlimited storage in June...
by pgt on Wednesday November 11, 2020 @08:52PM
(#25065507)
I didn't say that was the role of capital.
What I said was it's a fallacy re: your statement, "SV's dirty secret is that it's an enormous dumping scheme: .... to gain a dominant position in the market... then jack up the prices and fleece the customers."
Consider there is also a capital cost to rapidly accelerating change in consumer behaviour, e.g. app-based ride-hailing, which can also open up new markets.
What I said was it's a fallacy re: your statement, "SV's dirty secret is that it's an enormous dumping scheme: .... to gain a dominant position in the market... then jack up the prices and fleece the customers."
Consider there is also a capital cost to rapidly accelerating change in consumer behaviour, e.g. app-based ride-hailing, which can also open up new markets.
*edit: typo