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To my mind, any business which is generating value which didn't exist previously and captures a portion thereof is a savory business. Uber therefore qualifies.
by fastball 6y ago
To my mind, any business which is generating value which didn't exist previously and captures a portion thereof is a savory business.
Uber therefore qualifies.
- free_rms 6y agoUber didn't invent the car or the mobile phone, or cabs or food delivery. What they invented was a business model that empowers capital and disempowers (some classes of) labor. I hear their microservice architecture employs a lot of SWEs, though, so they've got that going.
- fastball 6y agoNo, Uber combined all those things together in a way that made them more efficient and more appealing to both drivers and riders. If driving for Uber is worse than being a cab driver, why didn’t the vast majority of Uber drivers drive cabs before? You don’t need to create completely innovative greenfield technologies in order to generate value.