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I think that Homejoy was a thoroughly rent-seeking enterprise, rather than a disruptive technology startup. Frankly, I failed to see (and still fail to see) wh
by yarou 11y ago
I think that Homejoy was a thoroughly rent-seeking enterprise, rather than a disruptive technology startup.
Frankly, I failed to see (and still fail to see) what was disruptive about their process. They were essentially competing in a close to perfectly competitive market (with some minor level of differentiation).
Contrast that with Uber, who was able to capture most if not all of the Schumpeterian rent.