Sounds like an opportunity then for you to create a competing company that functions the way you feel it should function. If that's what people value, you'll take all the business since you're the only one offering it.

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darth_avocado an hour ago | parent | next [-]

> Sounds like an opportunity then for you to create a competing company that functions the way you feel it should function

Sure, if one has millions and millions in capital. Because why would an investor put a money in my company that works the way it “should” according to me if it produces lower profits as compared to my competitors?

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lotsofpulp an hour ago | parent [-]

Because buyers choose to spend less money, so if a business comes around that can offer the same product/service at a lower price, the investor will want to own a piece of that business rather than the one that is about to lose buyers.

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saghm 40 minutes ago | parent [-]

Right, because we never see investors making decisions that are suboptimal in the long term because they're too focused on short-term gains. Everyone is perfectly rational, and high initial costs have never discouraged anyone from trying to displace an established dominant player; it's purely because the dominant players are perfectly efficient and don't ever try to rent-seek.

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lotsofpulp 37 minutes ago | parent [-]

I did not claim any of that, so not sure if your reply is misplaced.

It’s an easily observable fact that throughout the previous decades, investors have invested in businesses that reduce profit margins. Amazon being one of the most famous with the slogan “your margin is my opportunity”, but also Walmart, Costco, and other businesses that end up winning because they delivered acceptable products or services at lower prices.

	▲	saghm a minute ago \| parent [-]
		No, my reply was not replaced. You were replaying to a thread where someone was told that they should start a competing business to Microsoft to displace the Xbox, and when the obvious response of how much money was needed to start such a business, you replied with a hand-waved explanation of how investors would be interested if it would eventually lead to a return on investment. You said something that was not technically incorrect in a vacuum but completely ignored the context behind what the person was actually asking, so I was pointing out why your response wasn't particularly relevant or helpful.

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inigyou an hour ago | parent | prev | next [-]

There are reasons people don't start businesses. Besides all the regulations, there's the constant struggle to pay rent.

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ozgrakkurt an hour ago | parent | prev | next [-]

You have to be delusional if you think you are in that class that can spin up an xbox competitor

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EA-3167 an hour ago | parent | prev [-]

What people value is subject to marketing and long-term manipulation, not to mention a poverty of competition.