[baccheion]

Uber, AirBnb, Snapchat, Dropbox, etc will all crumble. They may continue to exist, but they'll be more like Twitter than Facebook. None of them are anything special.

Maybe Dropbox will get acquired after their failed IPO. Snapchat could also get filed away in a similar fashion, but it may be too late.

I wonder why they invested so much in a taxi company. It only makes sense if all cars are replaced with Uber autonomous vehicles, but what are the odds that will happen? Uber only makes sense in larger cities.

The "brain" trust may as well get started on teleportation or something else deserving of billions in blind/naive/"stupid" faith.

Is this the mobile bubble forming and collapsing live? As suggested by historical timings (8 <= year_ipod - year_founded <= 12), IPOs for all "big bets" should technically happen within the next year. I strongly doubt it's going to be pretty.

[emrekzd]

> Uber, AirBnb, Snapchat, Dropbox, etc will all crumble. None of these companies are anything special.

Lol. Please share some of your wisdom with us. Leaving aside taxi companies like Uber and useless things like Airbnb, can you tell us what companies do anything special these days Master Foo?

[bobsil1]

Hard tech? Righetti quantum computing, IBM Research neuromorphic chips, Geometric Intelligence one-shot ML…

[baccheion]

There's nothing going on; therefore, these companies aren't going to fail?

[swampthinker]

I don't think AirBnB is going to die, everyone has reported them as being profitable for nearly 2 years now. Agreed with the rest though.

I think AirBnb and Redfin are the big bets that have worked well so far.