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I don't see how desirable unit economics refutes GP's claim that the initial market was lamp oil.



It doesn't, but the lack of other good sources of indoor lighting refutes the claim that the lamp oil market is a toy.


> refutes the claim that the lamp oil market is a toy.

GP never made that claim. The point is that lamp oil was perceived as a toy before people realized the (blindingly obvious in hindsight) utility for indoor lighting.


What did they use lamp oil for then? I thought lamp oil was always for indoor lighting...




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