The Entire Economy Is MoviePass Now
nytimes.com
The Entire Economy Is MoviePass Now
1–10 of 245 posts
Re: The Entire Economy Is MoviePass Now
#2Pretty much. Seated was another gravy train. You got a $15 Amazon or Uber gift card just for going to restaurant with a second person. There were no minimums. you just had to show up and had to order food. There was a 2-3 month period where my girlfriend and I were getting good meals for a net $15-$20 total. It was awesome, but I knew it wouldn't last. Then they put in restrictions - to qualify for the $15, you needed at least 4 people or spend $X. It's no longer even a "good" deal, so now I don't use it anymore.
Re: The Entire Economy Is MoviePass Now
#3Reminds me of VC Fund My Life. It's an index of discounts offered by startups, which you more or less know they're taking a loss on. Clever name.
Re: The Entire Economy Is MoviePass Now
#4I am curious if this will end with a "bubble-burst" or a slow burn like twitter has experienced. Surely the money has to dry up sometime? It is too bad that none of these companies create any kind of net good for society like a startup that pays you over minimum wage to clean up a park or sort recycling.
Re: The Entire Economy Is MoviePass Now
#5thank goodness so many people are smarter than those darn goofy VCs. Businesses competing for customers! It's flagrant hubris. Those Silicon Valley guys who became billionaires doing this still have no idea what they are doing. I am pretty sure they have a big comeuppance due to them.
Re: The Entire Economy Is MoviePass Now
#6This dude stole my startup idea:
https://news.ycombinator.com/item?id=16945451
Re: The Entire Economy Is MoviePass Now
#7thank goodness so many people are smarter than those darn goofy VCs. Businesses competing for customers! It's flagrant hubris. Those Silicon Valley guys who became billionaires doing this still have no idea what they are doing. I am pretty sure they have a big comeuppance due to them.
The number of internet only SV companies that regularly pull in 100+ million in actual profit each year and are thus stable billion dollar companies is surprisingly small. The companies that shoot past that into 50+ billion dollar territory are a large part of why SV has so many billionaires.
Re: The Entire Economy Is MoviePass Now
#8I am curious if this will end with a "bubble-burst" or a slow burn like twitter has experienced. Surely the money has to dry up sometime? It is too bad that none of these companies create any kind of net good for society like a startup that pays you over minimum wage to clean up a park or sort recycling.
There will eventually be a pets.com of the tech bubble.
Something like Tesla or Uber or Blue Apron going belly up.
Re: The Entire Economy Is MoviePass Now
#9> Enjoy It While You Can
I love the conclusion of this article. As someone who has participated in the online "deals" community for 10+ years, I have definitely benefitted from many of the opportunities.
However, I do spend a considerable amount of time wondering what will happen when this house of cards comes falling down.
But you know, I think that for every one person like me taking advantage of these "arbitrage" scenarios, there are like 10 people paying full price. They keep this economy going.
Re: The Entire Economy Is MoviePass Now
#10Reminds me of VC Fund My Life . It's an index of discounts offered by startups, which you more or less know they're taking a loss on. Clever name. http://www.vcfml.com/
That site seems like it’s all fake promotion - e.g. coinbase is on their and last I looked coinbase’s fees were monstrously high compared to Gemini and other exchanges. It’s definitley not saving you anything choosing them.