He’s a Trumpie but in this case I wouldn’t hold that against him. Nobody can really prep for something like this. You’d spend all day tail-risk-proofing a business idea and never starting anything if you were to worry at this level. But still... something unsympathetic here.
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Something about this doesn't sit well with me. It could be my problem. But, I don't like the idea of zero capex / zero marginal cost businesses being able to look down on those who're interested in the physical world.
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Remember, most of us are not zero capex by choice. We're it because we can't access capital to back our capabilities. So we have to rely on public commons capital assets like the internet.
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It seems a lot of retail (esp. food service) works this way. It's kind of like a hyperlocal monopoly. It's been interesting to watch things bifurcate w/ COVID: business that were constantly striving to de-commodify are getting by(?) and those, all in on commodity are kinda sunk
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That said, I'm not sure it's a good thing. Seems like commodity food/retail infrastructure is actually something we want. But the problem is we allocated the risk unevenly for a whole class of businesses--the rent seeking here is quite literally rent.
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Barbarian mindset.
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