Robber Barons gonna rob. It's the Silicon Valley model. We've all talked about the playbook for slowly eroding services and adding intrusive new subscription models, advertising where it wasn't, etc.
IT IS THE SILICON VALLEY VC MODEL:
-Amass capital
-Use capital to undercut the market (even if that requires breaking the law)
This is the guardian writing so they will of course paint this as bad. But I’m glad to see the post change focus. It will make it more balanced relative to how it has been for the last 20 years.
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[ 2.9 ms ] story [ 32.2 ms ] threadIT IS THE SILICON VALLEY VC MODEL:
-Amass capital
-Use capital to undercut the market (even if that requires breaking the law)
-Build moats
-Kill competitors
-Enjoy your monopoly
Strange kind of balance allowing only one side.