BD Matthews Retweeted Megan McArdle
Uber and Spotify users fund their consumption by borrowing against the net present value of their future expensive habits.https://twitter.com/asymmetricinfo/status/989613731918352389 …
BD Matthews added,
Megan McArdleVerified account @asymmetricinfo
RIght now, *huge* portions of your tech consumption are being financed by burning VC money. Uber. Spotify. Many of those new media sites you guys have been telling me "prove" that it is totally possible to do good journalism on a free model.
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