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I think this is something that seems reasonable at first, but in practice would get incredibly unwieldy. There is much more to what they do than connect buyers
by jakemal 7y ago
I think this is something that seems reasonable at first, but in practice would get incredibly unwieldy. There is much more to what they do than connect buyers and sellers. They also resolve conflicts, navigate different laws in countless locales, and handle payments/chargebacks to name a few.
These companies are also taking a giant cut but still losing money. Granted they are spending money on things that an open source alternative wouldn't necessarily spend money on, but I don't think very many of them are anywhere close to being profitable even without the extra spending.
- m_ke 7y agoIn some cases they did pave the way and "resolve" legal challenges, which makes it a lot easier for an open platform to come in and take over. All of these companies are following the ridiculous 0 to 1 monopoly model of growth and are wasting a ton of money trying to capture any market that they can get their hands on. It's not sustainable and the gig workers are paying the price. There's no doubt that they're providing a valuable service that could have spurred growth for the middle class, but instead they're using VC money to undercut existing businesses in hope of building the next Google.