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Do you think ridesharing is just going to die as a product or do you think it will become easily commoditized and all margins will essentially disappear? I thin
by opportune 8y ago
Do you think ridesharing is just going to die as a product or do you think it will become easily commoditized and all margins will essentially disappear? I think it's going to be around for at least another 10-15 years, and considering how much money uber and lyft had to burn to get to where they are now, I feel like it will be quite hard for competitors to capture relevant amounts of market share in the US
- randomacct3847 8y agoThe business is clearly not sustainable..it’s not that there’s changes in demand but the company will literally run out of money in a very short amount of time unless something drastically changes with their business model