| ▲ | nl 6 days ago | |
It doesn't have one goal. In fact driving out competition is rarely the goal at all. Instead the goal is usually to reduce the barrier to people trying the thing - especially when it is a developer API which you hope developers will incorporate into their product. | ||
| ▲ | piva00 6 days ago | parent | next [-] | |
> In fact driving out competition is rarely the goal at all. Driving out competition is definitely a goal, the further you can snowball that makes your company a much more attractive investment since your competition will be bleeding money, attrition is definitely used as a tactic by VCs when a startup gets traction. Hell, it's one of the arguments they use to run further rounds of investments to others "this startup is very well capitalised and the competition has 1/10th of their funds, investing elsewhere is a losing proposition". > Instead the goal is usually to reduce the barrier to people trying the thing - especially when it is a developer API which you hope developers will incorporate into their product. I thought we were talking about unicorns such as Uber, AirBnb, etc., not some dev startup packaging APIs to serve other startups which is a whole other incestuous industry. | ||
| ▲ | guappa 5 days ago | parent | prev [-] | |
AI company founder and CTO defends those practices… yawn. | ||