Comment by ajkjk
15 hours ago
sounds like it's not efficient at all? it's barely functional as a business and is only surviving on grifty addons?
15 hours ago
sounds like it's not efficient at all? it's barely functional as a business and is only surviving on grifty addons?
This is a textbook case of competition pushing profits down to 0. That's an ideal case scenario. Why would you want to change this?
Maybe they would have been more profitable if they weren't funneling $1 million every year into their CEO's pocket?
They were losing hundreds of millions of dollars a year.
[dead]
"Perfect efficiency comes at the point of collapse"
Don't know where I read that, but it seems apropos.
It’s perfectly competitive. There is no rent seeking on the core.
It’s highly functional. It’s barely profitable. That’s good for the customers.
Good? It’s dirt cheap