this post was submitted on 08 Oct 2023
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A Boring Dystopia
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I am not super well-researched on this, so I might be mistaken, but their market is people who don't have access to telecom infrastructure, no? I guess it's not an edge-case just because there are that many people without access? Because I don't see how they'd be able to compete on price/value with traditional internet providers.
That is not a viable market. It's far too small for the cost.
And they can't compete. It's all backed by investor money. It's the same disruption business that big tech has been doing for decades. Enter market, subsidize costs with investor money, become incumbent as everyone thinks it's such a good deal. Raise prices when there's no other option.
Uber, netflix, Spotify, same plan again. Never better, never competitive, just disruptive.