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A Smart Bear: Startups and Marketing for Geeks
JANUARY 24, 2011
The convenience of online shoe shopping is a game-changer — to the tune of billions of dollars of revenue — but how could they make up the costs ? NetFlix decided to rent out DVDs by mail for a flat monthly rate despite massive postage and logistic costs, loss from damaged disks, and people duplicating 30 disks a month for $29.95.
news.ycombinator.com
SEPTEMBER 16, 2011
Weve got a little funding from VCs. You show this by giving completely generic arguments to one line sentences from his post. From "Think and Grow Rich". Anyone that thinks they got everything figured out from day one deserves to be called a retard. But losing to competition is also a likely outcome. Isnt it? >>
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