alt Hacker NewsSo what are they supposed to do?
Race to burn as much cash as possible in hopes that the other goes bankrupt first?
These models aren't profitable at the fixed subscription tiers.
Replies
beAbU • yesterday at 9:26 AM
> Race to burn as much cash as possible in hopes that the other goes bankrupt first?
This has been standard in the VC playbook for the last decade or so. The only moat these companies have is the size of their war chests.
That is the plan yes.