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wasoxygen · 3760 days ago · link · · parent · post: Snapchat CEO Reveals Why He Rejected Facebook's $3 Billion Offer
Isn't "kill" too strong a word? The acquisition was approved in part because "Costco Wholesale, Target, and plenty of other companies sold diapers online and off."When huge retailers can kill competition by selling at a massive loss, we eventually pay for that loss.
Can you elaborate on this? If the $100M in losses is due to selling cheap diapers, that's a big win for new parents. Who are "we" and how do we eventually pay?