Re:They Acquire, Acquire, Acquire While We Build, Build, Build
by sridharvembu on Friday June 07, 2013 @01:23PM
(#5840226)
If your thesis is correct, the optimal strategy for us would be to sell when the prices are very high (like they are now) i.e collect the next 50 years of "rent" right now, because it is so readily available. Instead, we continually and steadily improve the product (while clearly acknowledging that we have much work to do). Don't you think that is an awful rent seeking strategy?
Re:They Acquire, Acquire, Acquire While We Build, Build, Build
by flyinRyan on Friday June 07, 2013 @01:35PM
(#5840309)
It's amusing that you're defensive on this subject. Someone accused you of something, then another commenter said the described strategy was actually that of a well managed company. I explained the described strategy was very nearly rent seeking. So even though the thread started about your company, it became more general and that's when I stepped in.
I wasn't talking about your company specifically because I don't even know what you do. But the fact that you're defensive enough to take my comment as an attack makes me wonder if the OP was actually close to the mark. :)
Re:They Acquire, Acquire, Acquire While We Build, Build, Build
by sridharvembu on Friday June 07, 2013 @02:01PM
(#5840504)
No I didn't think you accused us of that. I merely responded what we would do as a rent seeker :)
As for the original accusations, "develop a thick skin" is my attitude, so you saw I never bothered to respond.
People like to say a race for the bottom is good for consumers but it isn't. A race for the bottom is only good for people playing arbitrage games who know to get out before the bottom is reached.