4 ms·
Friends and family social networking is a winner-take-all market because your friends lock you in. Messaging for gamers a la Discord is a winner-take-all marke
by panarky 8y ago
Friends and family social networking is a winner-take-all market because your friends lock you in.
Messaging for gamers a la Discord is a winner-take-all market because fellow gamers lock you in.
But from the rider perspective, there's very little lock-in for ride sharing services. Just install a new app and the car shows up.
Doesn't matter if your friends use it. There's no moat.
Ride-share lock-in is on the provider side. Can they get enough scale to cover entire cities and nations with enough cars that riders don't have to wait?
Turns out with a market this big, there's room for two or three players.
- bhelkey 8y agoIt's not a social network lock in, its a marketplace lock in. If the majority of riders are on one app, that's where the drivers will go. If the majority of drivers are one app, that's where the riders will go. Think Craigslist not Facebook.
- luminiferous 8y agoThere's nothing preventing drivers from driving for multiple apps, though. Most Lyft/Uber drivers I see these days have both stickers in their windshield.
- richardwhiuk 8y agoI assume that didn't work because if you rejected a ride or signed out you didn't get more rides?