10/7 Pricing in the News
Today's paper is a study in who captures the margin when something is scarce, new, or free. A bottleneck input hands pricing power to whoever controls it, a new entrant uses a different cost structure to price against incumbents, a hardware maker learns that investors pay for recurring revenue rather than for a label, and a platform gives away a marquee event to buy attention. The through-line across all four stories is identical: price is a statement about where you believe













































