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by walrus1066 2619 days ago
How does a profitability dial work for companies like uber, which don't have the network effect monopoly that the Amazon's, Facebook's etc have?

Hike prices for passengers -> passengers leave platform & switch to local/regional alternatives

Cut wages for drivers -> drivers move to do more shifts for better paying competitors

1 comments

B2B vs B2C?

> not sure the B2C ones could make a similar transition as easily if circumstances called for it.