This is a very good point. I think key issue is that it requires time and effort to evaluate and understand the final product.
Before I starting reading something to understand it, I want to have a sense that it is likely going to be worth my time and effort in the end. The more time and effort the author has put into the piece, the more likely it is that it will be worthwhile to read it.
> I always found this statement to be rather wishful. Individual lowering of prices makes sense if and only if your competitor is capable of saturating the market. Otherwise, demand elasticity becomes very relevant. Sure, your competitor may take the larger share of the market, but then you can compensate with higher per item profit.
You should check the distinction between Bertrand and Cournot competition. Bertrand competition is price competition where the competitor can saturate the market, as you mention. Cournot competition, on the other hand, captures your intuition of competition on quantities rather than prices.
It is a concern that this could simply reflect changing naming conventions for private funds. There is nothing that requires a fund to use the "Fund I" convention.
Would it be possible to confirm the trend using Form ADV instead of Form D filings?
Before I starting reading something to understand it, I want to have a sense that it is likely going to be worth my time and effort in the end. The more time and effort the author has put into the piece, the more likely it is that it will be worthwhile to read it.