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Spotify re-invented the radio
(lemmy.world)
This is a most excellent place for technology news and articles.
This is the case with a lot of companies. Facebook didn't turn a profit for 10 years or something that sounds equally crazy.
That's more or less the problem (one of many problems I suppose). Companies seem to think it's a good business model to burn money collecting a user base and then turn all their free users into paying users down the line.
Think drug dealers. They wanna be that.
The analogy to a drug dealer is on point. They're relying on users being hooked on their dopamine outlet.
I'm still waiting on porn to pull the rug and take away my good times
it's like this to eliminate competition, any alternative has to fund marketing costs + unsustainable pricing, while Spotify will be running their ponzi scheme, effectively leveraging their market position.