Comment by kkukshtel
5 hours ago
This is basically the playbook of every "disruptive technology" startup or FAANG initiative of a similar stripe - set prices incredibly low to bleed out competition and gain market share, then raise them once you are in the dominant market position.
At a certain point it's not about technology anymore, but access to cheap finance. See also: Uber.
Uber is far better for me than the old taxi system.
Maybe the one where you flagged down a car on the street, but you could always call to book a taxi and those companies worked exactly like Uber — over the phone, because it was the pre–app era.
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Nobody on this forum believes in startups or technology anymore.
Heck, Elon's ownership of SpaceX even got to me to not really care about space travel anymore, one of my biggest passions since I was 6. But I just can't root for whatever his vision of space faring society would look like.
Kessler syndrome, but every debris piece is a Starlink transceiver.