There's a line in the Stratechery article that makes perfect sense in the context of WeWork: "Uber without an at-scale competitor is a much more valuable compan

There's a line in the Stratechery article that makes perfect sense in the context of WeWork: "Uber without an at-scale competitor is a much more valuable company." It's the same point Stoller is trying to make: Financiers "find big markets and then dump capital into one player in such a market who can underprice until he becomes the dominant remaining actor."