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I don't think those food delivery apps are a good comparison because a few of them actually survived and the market consolidated around them. The service they o

by simias 7y ago

I don't think those food delivery apps are a good comparison because a few of them actually survived and the market consolidated around them. The service they offer is clearly valuable for many people. I don't think it qualifies as a proper bubble.

firasd 7y ago
Well 'bubble' is not defined by whether the industry's products are valuable (or we would never have a 'housing bubble')—I would base it on whether investors were putting too much money into a type of business. There were so many Uber-for-X startups going under that former YC President Sam Altman wrote this post on unit economics: https://blog.samaltman.com/unit-economics https://blog.samaltman.com/unit-economics