That’s more or less the problem (one of many problems I suppose). Companies seem to think it’s a good business model to burn money collecting a user base and then turn all their free users into paying users down the line.
it’s like this to eliminate competition, any alternative has to fund marketing costs + unsustainable pricing, while Spotify will be running their ponzi scheme, effectively leveraging their market position.
This is the case with a lot of companies. Facebook didn’t turn a profit for 10 years or something that sounds equally crazy.
That’s more or less the problem (one of many problems I suppose). Companies seem to think it’s a good business model to burn money collecting a user base and then turn all their free users into paying users down the line.
Think drug dealers. They wanna be that.
The analogy to a drug dealer is on point. They’re relying on users being hooked on their dopamine outlet.
it’s like this to eliminate competition, any alternative has to fund marketing costs + unsustainable pricing, while Spotify will be running their ponzi scheme, effectively leveraging their market position.