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Originally Posted by filtherton
Do you?
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yes, I have. and my experience tells me that if i'm losing money, raising prices is not going to cover it. one has to cut their expenses so that you're not spending more than you take in.
Quote:
Originally Posted by filtherton
How many years did it take for Amazon to turn a profit? Has twitter started making money yet?
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I don't follow them, but i'm sure that they had quite a bit of capital cash from investors to follow through on their model.
Quote:
Originally Posted by filtherton
Want to know what my cell phone company does when they want more money? They raise their prices. So does my gas company.
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want to know what happens to my cell phone and gas company when they raise prices higher than their competitors? they lose customers. then they lay people off. Its what they call reducing your expenditures.