> I wonder if these food delivery and ride sharing companies are even sustainable. Then reports they use VC money to subsidize things. >They're not, they're al

> I wonder if these food delivery and ride sharing companies are even sustainable. Then reports they use VC money to subsidize things. >They're not, they're all following Thiel's 0 to 1 model and aiming for a monopoly. Not only trying to gain a monopoly via massive market manipulation, i.e., bonfire of VC capital to sustain dumping of underpriced product for years, but also skimming & scamming as a business model for those years The last decade is making a real mockery of the Vc investing model to create value --many big ones are just trying to strip-mine the economy. Sure taxis/limos needed a better app-based UI, and perhaps delivery apps are more convenient, but this is not providing a new better service, it is simply trying to steal from the restaurant's profits