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It can be 'cheap' in places with very high inequality and slack labour. So for the upper 5% of Sao Paulo, this might fly. A lot of places like that.
by jollybean 4y ago
It can be 'cheap' in places with very high inequality and slack labour.
So for the upper 5% of Sao Paulo, this might fly.
A lot of places like that.
- spaceman_2020 4y agoHere in India, these startups are running into a problem with lack of labor. No one wants to do these gig jobs. The only people who do them are people who have no other option. It was great during the pandemic when everything was shut. But now that factories and offices are open again, people are opting for actual full time jobs. The labor model fails if the local economy is doing well.
- mikeyouse 4y agoSure, there are probably pockets in the Bay Area and NYC where this would make sense as well, but then you wouldn't get multi-billion dollar fundraises and decaunicorn status.
- ghaff 4y agoRight. Certainly there are pockets where a fair number of people are willing and able to spend thousands of dollars a year for personal services that they don't strictly speaking need. (And it's actually pretty easy to get into that range.) But it can be hard to translate that into more than a mom-and-pop business, and certainly into a highly scalable VC business.
- dwater 4y agoYeah, when I visited Cairo a while back, the corner markets usually had a boy that would deliver whatever you wanted for a tip, but they were never going more than a couple of blocks, you could only buy what they had in the shop, and if the boy was out you'd have to wait.