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I appreciate this concise framing. I do think it gets more complicated than this though. Defining the pie gets really complicated. Sometimes you make one pie b
by dumbfoundded 7y ago
I appreciate this concise framing. I do think it gets more complicated than this though.
Defining the pie gets really complicated. Sometimes you make one pie bigger and another smaller. Companies like Lyft certainly decreased the taxi pie but then made a new one altogether.
I believe there are fair ways to extract value from what already exists by creating a better version in a competitive market. Ultimately I think the value should be defined at the customer and societal levels. The tangents and levels in between make things messy.
- DoreenMichele 7y agoI believe there are fair ways to extract value from what already exists by creating a better version in a competitive market. Adding efficiency is a means to add more pie. Obviously, my comment is a simplification. It kind of goes without saying that simplifications leave out a lot of nuance and gray zone.
- dumbfoundded 7y agoYeah, I didn't mean to add unnecessary complexity. I agree with your original statement.