2026-11-01 04:56:30
Wish I could trace down that thread by Casey Explosion about how app driven gig economy parasites start out as loss leaders to engage in predatory pricing. How they are able to burn through cash for so long because such apps are still seen as “the future” and a cargo cult of venture capital forms around them.
There are other examples of this happening, even if predatory pricing is not part of the formula, rather “the future” of tech being seen as sci-fi being made real leading to the v…