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Re:Venture Capitalists Are Deforming Capitalism by edouard-harris on Monday November 23, 2020 @02:52PM (#25190931)
This is true, except that the "selling commodity at a loss" and "legal exemptions" examples both presuppose that you already have product-market fit for the commodity you're selling or the thing you're getting an exemption for. If people fundamentally don't want what you're selling, aggressive pricing and legal lobbying will only lead to you killing yourself that much faster.

This is something we tend to take for granted with already-successful companies, but there was a time when everyone — even Uber and DoorDash — were struggling in obscurity to build something people would use.

Re:Venture Capitalists Are Deforming Capitalism by jjeaff on Tuesday November 24, 2020 @12:43AM (#25195656)
Maybe? Car services and taxi services kind of already validated product market fit long before Uber, lyft, etc.

While yes, they have some benefits that people like, but it's not clear that those services would have been able to compete against existing services without heavily subsidizing to undercut existing market players.