nilay patel

nilay patel @reckless

This piece from @DKThomp is very good but the thing I would add is that VCs were explicitly subsidizing companies like Uber and DoorDash on the premises that eventually they'd become monopolies and collect windfall profits. It was always doomed to fail https://t.co/q5YvMNmuHu — PolitiTweet.org

nilay patel @reckless

"We'll lose money until we own the entire market and then ruthlessly raise prices to make up the shortfall" only makes sense for pure software businesses, I think — PolitiTweet.org