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by htfu 2448 days ago
Yup. Other issue for many of them (which WeWork actually should be less exposed to) is that, most of it hardly being rocket science, "blow money until monopoly" seems to forget that customer subsidies

A. aren't r&d/infrastructure,

B. will have to be earned back, and not just 1:1 either...

So even if whatever competition is knocked out, anyone entering the space after that, and not saddled with legacy funnycost, won't need your efficiencies and economies of scale to manage an edge in pricing. And market dominance can't negate lack of friction for eg drivers and riders to run a second, third, fourth app all at once.

But the sun appears to be settling on bizarro cargo culting Amazon being seen as a viable business model.

As a consumer I'll miss it!