this post was submitted on 07 Jul 2023
1218 points (97.5% liked)

Memes

45894 readers
1469 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 19 points 1 year ago

Usually they don't allow competition, this one is a bit special because it involves two billionaires and it's basically a show-off. The regular case is: they buy any potential competitor in an early stage and let it die. The 5% of the start-up CEOs that don't just take the few hundred millions will face a nasty attack where they steal employees or do some negative marketing or whatever sabotage fits.