logoalt Hacker News

svnttoday at 12:44 AM1 replyview on HN

They are because they can, because it serves as social proof, which convinces their customers that they are doing something of deeper value. Then in reality they will use it to develop channels preparing to use their customers (and the data customers trust them with) as the product in the future.


Replies

wg0today at 11:05 AM

That signals the reverse that they might jack up prices at any time for their 10x returns for the investors. How does that instil any confidence at all?