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Uber: (1) Legal. Nevada just outlawed Uber. More generally,
Uber stands to encounter a lot of legal push-back. (2) Competition. In e-mail of Sat 11/22/2014 12:20 PM,
CBinsights reported that Uber has "27 alternatives". (3) Localism. Yes, maybe in each city, something like
Uber, if successful, could have
a network effect that would let
it have a barrier to entry: That is,
since all the drivers use Uber, all the
riders do; and since all the riders do,
all the drivers do. But,
the taxi business is geographically local
so that success by, say, Uber in Boston
does next to nothing to help Uber compete
in NYC, Atlanta, Chicago, SF, LA, etc.
So, in each city, Uber can be attacked
by local competitors. |