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[–] 49 points 2 years ago (2 children)

we sort of see a 20 percent uplift on the value of that customer because you're locking that person, committing to a longer-term relationship.

Do these people never listen to themselves? Who the hell wants to be "locked"?

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  • [–] 36 points 2 years ago* (1 child)

    CEO: "We have observed through careful analysis that by locking our customers inside the restaurant, they will continue to order food from us in order to not starve. Therefore, from now on, all doors shall now be one way only"

    Investors: "What brilliant entrepreneurship!"

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  • [+] 18 points 2 years ago (1 child)
  • [–] 3 points 2 years ago*

    This CEO is so entitled he's completely flipped the last few centuries of capitalist economic theory on its head.

    No longer is capitalism about convincing business owners or consumers to invest in your product or business. Now, the consumer is lucky to have had the opportunity to purchase your product, as though you are a king or deity; magnanimous in your product offering.

    They should be so lucky, to be forced to pay you a monthly tithing for your racketeering.

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