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Yes, but its a context switch. You can't build unicorn for a billion people if the maximum possible market size is actually 10K people, or to be extremely gene
by VLM 11y ago
Yes, but its a context switch. You can't build unicorn for a billion people if the maximum possible market size is actually 10K people, or to be extremely generous, we'll say a couple million absolute tops.
That is an interesting sized market for a lifestyle business or maybe a government sponsored non-profit to target. Startup with VC money? Not really.
- brudgers 11y agoI agree there's a context switch. But the original article makes one as well. It goes from the conclusion that a ride sharing app can't become a unicorn to suggesting a public policy that raises the costs of parking. So the context of public policy is in the article and I suspect that the conclusion to raise parking prices "in Palo Alto" intends to make all four of its audiences - capital investors, parking consultants, municipal managers, and believers in the new urbanism - happy.
- alistairSH 11y agoSure. I was simply replying to your point about getting in a stranger's car.
- SilasX 11y agoSomeone who looked at the size of the existing taxi and carpool market would have missed how Lyft and Uber significantly increased the number of people willing to take rides with strangers (whether drivers or co-travelers).