alt Hacker NewsIt's the latter for us. We have healthy margins even at this price point. So we don't actually need a lot of money to do this against incumbents.
It's the latter for us. We have healthy margins even at this price point. So we don't actually need a lot of money to do this against incumbents.
.. Don't you think it suspicious/sounds too good to be true? A newly created product space with insane margins, and easy to compete in?
Easy to compete+huge margins -> lots of competitors who compete on price -> commotidization -> lower margins -> not good