June 6, 2001
5:14 AM
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My God, how I've loathed them over the years for their heart-stopping mix of hubris, brilliance, clueless, utter lack of any discipline whatsoever and oh, the sheer
arrogance, but after all these years, it's with a distinct sense of ennui that I read that
Netscape is throwing in the towel.
posted by m.polo (53 comments total)
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Imagine four gas stations on adjacent corners of an intersection. So long as their prices are a few pennies apart per gallon, they'll all get about the same amount of business. However, if one of them drops their price down to fifty cents a gallon, they'll suddenly steal the business from the other three gas stations. If someone were to somehow make gasoline free for the entire world, well let's just say there'd be a few rich people and the immense sum of people they employ who would suddenly find themselves making no money at all.
It's called undercutting the competition. Bill Gates did it very well. One of the reasons why some people think he's the devil. He doesn't do business with many scruples or ethics..
posted by ZachsMind at 5:44 AM on June 6, 2001