On: The Cost of Free Doughnuts: 70 Years of Regret

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> That's only for products addressed to traders, a very limited audience. For example the bloomberg terminal that sits on their desk.

It's not, actually. There's a bunch of financial information products that aren't aimed at traders that are around this price point.

Pitchbook is a good example. $30k/year.

And the whole point is that it's a limited number of people. The price has to be high to make it worthwhile.

There's a bunch of markets like this where your pricing advice isn't correct and that needs to be noted.