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by cpprototypes
3392 days ago
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Lyft and Uber have wasted so much time and money. This is the problem with VC money focused on growth. There's no pressure to build anything sustainable, no pressure to build competitive advantages. Arbitrary point to point level 5 self driving is decades away. And even if it came tomorrow, what competitive advantage do these apps have? They are a single Google Maps update from being wiped out. They should've spent past few years using network effects in the same way as Facebook to protect themselves. They should've built loyalty programs like frequent miles. But they completely wasted their opportunity. |
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http://www.rushkoff.com/books/throwing-rocks-at-the-google-b...