This article describes the classic failure modes of a centrally planned economy, but for some reason calls it "overcapitalization" instead. Whatever you call it, the tech part is a distraction. This is what happens in any society, at any time when money is assigned by capricehttps://twitter.com/ahcastor/status/1194340426511273984 …
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Where’s Ilf, where’s Petrov when you need them the most? Born too early.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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I not sure Quora has figured out the whole making money thing yet. It's just extremely late stage venture capital and Adams money keeping them afloat.
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They're in a baroque holding pattern where they need to have some revenue to unlock future funding. But it's purely symbolic
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At least during the dot com bubble we got http://Kozmo.com and free donut deliveries. Where are the donuts?https://en.m.wikipedia.org/wiki/Kozmo.com
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Kozmo was a pioneering gig economy marijuana delivery service with a money-burning donut delivery startup as cover.
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