|
|
|
|
|
by conanbatt
3131 days ago
|
|
If you were an Uber investor, and they told you that they are going to blow your money below margin of operations for years to come, would you feel happy about it? Do you prefer to be the dumper or the dumpee? Because I prefer to be the latter. > Unlike with cloud services (the other example) it's much harder for competition to Uber to reappear once it's disappeared. It's just a car. Its super easy to break into that market. And there are competitors. They do not have a sustainable monopoly. |
|
Few will fund a company to compete against an incumbent who is large and powerful enough to do this to you. There are other battles to be fought, so why risk it?