2 ms·
I think we can rule out lyft given how much money they lost last year, but more importantly because they started out as a long distance ride sharing business (z
by danieltillett 9y ago
I think we can rule out lyft given how much money they lost last year, but more importantly because they started out as a long distance ride sharing business (zimride in 2007).
Vox media started out as a sports blog in 2005.
I don't think there were any billion dollar fantasy sport companies back in 2012 when Draftkings started.
Oscar and Wish I am not sure as they are impossible to search for.
I am not sure which billion dollar company The Honest Company copied.
Sure you can grow into a billion dollar company by copying the model of an existing large company, but I don't know of any startups that have grown to a billion dollar by starting out just copying an existing billion dollar company's model without bring something new to the table.
- ikeboy 9y agohttps://en.wikipedia.org/wiki/Oscar_Health https://en.wikipedia.org/wiki/Oscar_Health https://www.forbes.com/sites/parmyolson/2017/09/20/wish-8-billion-funding-amazon/ https://www.forbes.com/sites/parmyolson/2017/09/20/wish-8-bi...
- danieltillett 9y agoWow on Wish. This is one massive company that I have never heard of. I am not sure what existing billion dollar company was based on exploiting reciprocal international mail delivery, but clever never the less. Oscar has done nothing but lose masses of money propped up by investors, but we might actually have one. They don't appear to be doing anything different to the other insurance company, although the other insurance companies do make shiploads of money which I guess is a point of difference.