You said there's no added value. I agree that 30% seems high, but clearly there's value in a platform that gives developers access to 55% of their target market.
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That doesn't fit my understanding of rent seeking, since they are creating value for developers by giving them access to users that they wouldn't otherwise have. They set the price at 30%, if developers find they can't get a good return at that rate, then the price will drop.
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They're creating value. Are they not?
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Replying to @Unendedquest @jhyu and
I don't really understand where this confusion is coming from. There's a big difference between putting a fence around an existing lake and instituting an access fee vs. building a *new* artificial lake where there's likely to be demand and charging access to that.
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You don't want to incentivize new fences around extant lakes. You may very well want to incentivize new lakes.
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Replying to @webdevMason @jhyu and
I think perceived price gouging is being confused for rent seeking. At least in this specific disagreement.
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