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2023-05-20 09:16:29

Erlend on Nostr: Via npub1hykuc…73p33 > What's a Venture Predator? It's "a startup that uses venture ...

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> What's a Venture Predator? It's "a startup that uses venture finance to price below its costs, chase its rivals out of the market, and grab market share."

> The predator sets $m or $b of dollars on fire chasing "rapid, exponential growth" all in order to "create the impression that recoupment is possible" among future investors, such as blue-chip companies that might buy them out, or sucker retail investors who buy in at the IPO, anticipating years of monopoly pricing.
Author Public Key
npub14ch0zfh9cwswwgp65f7jxrk3yzu0z5xk6rueaf3cchrvreqnfzys6z2e8a