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by gphil
4610 days ago
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This is a great analysis, I've observed some of the same trends. When there was less demand for the black cars, they could still operate like limos. Now it seems like they've just turned into glorified taxis. A theory of mine is that disruptive startups always evolve to look more like the incumbents as they scale, and I think this might be another case in support of that. |
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Good insight. And that's another reason (not just thinking of Uber here) why startups shouldn't be exempt from the rules and regulations that incumbents need to follow. They're in the same business. Alternatively, if the rules are bad, scrap them for everyone.