“It’s one thing to take a product that is already cheap and just fine and replace it with a vastly more expensive version that locks people into exploitative proprietary systems for years in exchange for giving them a 15-second hit of dopamine derived from Going Digital. I mean, Quip and Juicero and whatever Silicon Valley dildo company is selling dongs with DRM-equipped replaceable heads are actually fundamentally selling you a product. It’s a horribly, uselessly expensive product that could only be embraced by chumps, but it’s a tangible thing. The real next level is just inserting yourself into someone else’s transaction and collecting a % while offering nothing. (When this is a job, we call it ‘consulting.’) Why charge a lot for the blades when you can charge a lot for literally nothing?

“RentBerry ( http://gizmodo.com/bidding-website-rentberry-may-be-the-startup-of-your-ni-1793940693 ) is useful here because the word ‘rent’ is literally in the name. Here’s the value proposition that RentBerry offers. For landlords who are already raking in record profits, RentBerry provides a chance at making even more, as potential tenants must set upon each other in a dystopian nightmare auction system that compels them to ask, how much am I willing to pay to avoid sleeping in the park, really? For tenants, RentBerry offers — well, the opportunity to pay more in a pre-existing housing crisis, the chance to make the process of finding an apartment an even more horrific exercise in stress and disappointment, a reason to hate faceless strangers with even more intensity, and more reason to view city life as a ceaseless Nietzschean struggle from which they will never escape. What RentBerry gets in return is, eventually, a % of your already hideously overpriced rent, for the duration of the lease. I bet you can’t wait to know a portion of your rent check is going not just to the landlord you hate but also to a company that did nothing beyond giving him the ability to take more of your money! Of course, if you live in New York, your ‘landlord’ might very well be a hedge fund that also funded RentBerry! Sweet, right?

“RentBerry will tell you that tenants might get a deal thanks to the auction system. Of course, it’s landlords who chose to use RentBerry, not tenants, and if landlords thought they were losing money on the deal they’d never use it, meaning the service’s very reason for being necessarily entails grabbing more and more tenant money. Details!

“Why is everything so expensive? Because Silicon Valley and Wall Street are taking huge percentages out of transactions they once didn’t. That’s why. The Juiceros make inexpensive and functional products far more expensive and often less functional; the RentBerrys cut out the middleman by just becoming middlemen. Dare to dream.” (Fredrik deBoer):

https://medium.com/@freddiedeboer/the-three-hot-trends-in-silicon-valley-horseshit-95cc5a85e8a4

View story at Medium.com

4 thoughts on ““It’s one thing to take a product that is already cheap and just fine and replace it with a vastly more expensive…

  1. I think trials of RentBerry in some locations actually did drop the price (not in bigger cities, and in the places it did you bet no landlord would touch it) but if I was looking at an apartment and the landlord wanted me to do this I’d get real bad vibes off of them. I don’t want to start my relationship with the person who owns my apartment with them trying to bilk me for all I’m worth.

  2. < ![CDATA[I think trials of RentBerry in some locations actually did drop the price (not in bigger cities, and in the places it did you bet no landlord would touch it) but if I was looking at an apartment and the landlord wanted me to do this I'd get real bad vibes off of them. I don't want to start my relationship with the person who owns my apartment with them trying to bilk me for all I'm worth.]]>