> It's funny, because you look at companies like Twitter and Pinterest which come up to scale with absolutely no revenue model, let alone revenue. That seems to be "normal". Nothing to see here. But, when a company with actual revenue deeply discounts products to scale up, it's somehow shockingly bad.
I think this is a function of the marked difference in needs between companies that deal in physical goods and those that offer services.
I agree. I'm pretty sure that's part if what tempts people to grow confused and distort the situation.
It's funny, because it's all just business at the end of the day. Costs are costs. Revenue is revenue. Profit is profit.
And, the one that gets the relative free pass and accolades is the one that has only costs and doesn't even know how it will ever drive revenue, let alone turn a profit.
I think this is a function of the marked difference in needs between companies that deal in physical goods and those that offer services.