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sequoia
5y ago
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> Or as they use to say, we lose money on each unit but we'll make it up in volume.
I believe this is a joke, no? I.e. you can't lose money on each unit and "make it up in volume."
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lotsofpulp
5y ago
It's a joke, because the strategy is to undercut or buyout the competition to survive long enough to be the last one standing.
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