3 ms·
>With between 11 and 13 million millionaires in the US, it's a $60 billion business. What are you basing that on, without knowing any financial information? I
by forgetsusername 10y ago
>With between 11 and 13 million millionaires in the US, it's a $60 billion business.
What are you basing that on, without knowing any financial information? If the mere existence of millionaires makes a massive company viable, then what company isn't?
Do you believe that the very wealthy, today, are doing these things themselves, and that an Uber courier is solving a huge problem for them? Paying people to deliver stuff isn't new. Neither is driving people around. What Uber has done is made in convenient and, thus far, inexpensive. Do you think Uber will reap massive margins here? The barrier to entry is very low.