3 ms·
But the models haven't failed. If anything, they've proven success. Netflix's success has spawned what, 8 or so competitors now? Uber, 4 or so. I may be off
by axaxs 7y ago
But the models haven't failed. If anything, they've proven success. Netflix's success has spawned what, 8 or so competitors now? Uber, 4 or so. I may be off, just what I'm thinking of in my head.
So, it may be fair to say that SV businesses will fail, but definitely not their business models.
- flukus 7y agoThe SV business model is to take investors money to grow big fast, lose billions a year in the hope that you either dominate and become profitable our get bought out before you go bankrupt. That's what is under threat.
- refurb 7y agoI don’t think anyone has proven the Uber/Lyft business models can be profitable. I don’t know enough about Netflix to make that claim. My thought is if we see major SV business models fail, you’ll see capital pretty quickly dry up, the stock market take a hit, which will cause more capital to pull out, lower confidence in the economy, etc.