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Re:VanMoof encryption key exporter by dtech on Friday July 14, 2023 @02:21AM (#36720132)
Blitzcaling to achieve monopoly is not the only reason for funding. A manufacturing company like this has high up-front costs for R&D and manufacturing, orders of magnitude more than a typical software companies. You also don't need to chase a monopoly to make expanding to new market with investor money a sound decision. Obviously VanMoof didn't make it work here and had horrible OPEX due to expanding to markets without getting the sales to support it.

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