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this post was submitted on 06 Dec 2023
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No, that was step one. Operate at a loss until you suck up all of the users and kill off as much of the competition as you can. Now we're at step two, where the time has come where they desperately need to actually make money, e.g. YouTube. You're going to see more and more "free" sites/apps/services entering step two, if they haven't already.