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What about its customers? Again, in principle.
by orblivion 11y ago
What about its customers? Again, in principle.
- masklinn 11y agoA corporation is not accountable to its customers save through the government (and its courts). And zdw's scenario makes them eavesdrop on non-customers anyway.
- toomuchtodo 11y agoCustomers only matter in traditional scenarios. In Uber's case, they're only accountable to their VCs and other funds pouring money into their (legally questionable) operations.
- icebraining 11y agoAre you saying that the consumers are irrelevant to the funds that VCs are willing to dump on Uber?
- toomuchtodo 11y agoDepends entirely on the burn rate and how much dumb money is flowing into Unicorns. You don't have to be a viable business, you just need to appear to be viable under certain circumstance.
- icebraining 11y agoAnd having users isn't necessary to appear viable?
- toomuchtodo 11y agoUsers =! Ongoing revenue stream. Snapchat. Twitter. And to a lesser extent, Uber if they're unable to reach profitability once its determined they'll have to recategorized drivers as employees. Stupid money can make quite a few bad decisions before it catches up, even worse if it effects public policy in the process.
- icebraining 11y agoYou said that consumers don't matter in this scenario. I'm denying that claim, since consumers can simply leave the service/platform to force the VCs' hand. Whether the company is profitable is irrelevant here.