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Cake day: August 24th, 2023

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  • I’m not a lawyer either, but I think you’re missing some aspect of intent that would be required to make it against the law.

    Rivian for example was (is?) selling their cars at a negative gross margin because they couldn’t sell them for a profit for years. If you can’t sell something at a loss, so many businesses would be breaking the law when they start out, maybe legitimately almost every single business. (edit: your stance would make Rivian be forced to sell cars for prices no one would pay)

    If the intent was to destroy another company by doing it, then that could fall under anti-competitive laws. In this case, the intent isn’t to destroy other hardware, it would be to help stabalize the ridiculous increase in prices knowing they could make it up in game sales.







  • Well it’s one thing if you don’t want to trust information that comes out on something like Reuters or when Glenn Shotwell said it was entering into profitability, but it’s another to continue to claim something otherwise like Starlink isn’t sustainable and is burning VC money.

    At this point, it would be best to either stay out of the conversation, or state something more like an opinion than come across as factual.

    Edit: Just as an example in the future you could say something like, “I don’t think Starlink would be sustainable without the current government Starlink contracts”. I don’t believe we have any information that would tell us if that’s the case one way or another yet and could be true. Or "I don’t trust the information available, so I don’t think its actually sustainable or profitable’

    Edit: Just to clarify sorry for extra edits - we do know for sure that Starlink is their largest revenue source though, and that retail / business customers make up the majority of their customers. I wouldn’t doubt that the government starlink contracts have much better margins though and can skew profitability into uncertainty without them.