Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

He was also pretty bold on pricing, electing to set the initial price off what he predicted eventual costs of production would be. Initially, new products would be sold at a loss.

Perhaps not controversial in the perspective of modern venture-backed startups, but at the time it was a key reason GE won early market share on so many products.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: