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A comment on Give nothing, expect nothing: Gitlab latest punching bag for entitled users. Parent comment

Re:Give nothing, expect nothing: Gitlab latest punching bag ... by c0mptonFP on Thursday August 11, 2022 @06:24AM (#32423704)
Is there a word for this type of business model? Offering a service for free until they become the de-facto standard, and then start squeezing people?
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Re:Give nothing, expect nothing: Gitlab latest punching bag ... by darylteo on Thursday August 11, 2022 @06:53AM (#32423894)
Adopt Extend Extinguish
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Re:Give nothing, expect nothing: Gitlab latest punching bag ... by popcorncowboy on Thursday August 11, 2022 @06:37AM (#32423783)
Monopoly
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Re:Give nothing, expect nothing: Gitlab latest punching bag ... by christophilus on Thursday August 11, 2022 @07:39AM (#32424198)
Gitlab is far from a monopoly by any definition. The name for it is VC-backed capitalism. Burn through money to buy a market— run at a loss longer than your competitors can, then flip and start hiking prices once you are dominant. That was never a good strategy for Gitlab, though, so I’m surprised they took that road.
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Re:Give nothing, expect nothing: Gitlab latest punching bag ... by popcorncowboy on Thursday August 11, 2022 @08:05AM (#32424435)
> The name for it is VC-backed capitalism

The goal of which is to seek monopoly or at worst stable oligopoly.

Anyway, GP was asking what you call it when you saturate/dominate a market, become the standard and then raise prices on your captured audience. This is definitional monopoly. VC-backed capitalism is a predictable symptom emerging from the possbility of such outcomes.

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