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Sure, the technology has a low barrier of entry but that ignores network effects (necessitating lots of cash burn) and the willpower to oppose entrenched intere
by pcr0 9y ago
Sure, the technology has a low barrier of entry but that ignores network effects (necessitating lots of cash burn) and the willpower to oppose entrenched interests such as governments and taxi groups.
- wbl 9y agoNetwork effects are mostly local. You can be rideshare for a major city and the residents will use you even if it isn't worth it for others.