Comment by burnte
16 hours ago
> I made this point at the time but Tailwind Labs' business model shouldn't exist.
It doesn't anymore. There are tens of thousands of businesses that have only been able to exist for a short time due to gaps in the market and technology. Video rental, started with video tapes, died with DVDs and didn't really make it into the bluray era. Owning DVDs came down to $20, no reason to drive across town and rent one for $6. But then Redbox was able to slip into that gap, putting lots of discs in a vending machine, those are cheap and they went everywhere! It was a buck a night! But then streaming killed that DEAD. Had tapes been cheap from the get go Blockbuster never would have existed, but studios decided to ignore that revenue for ages.
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