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What makes a “real” unicorn? There was a time where FTX, Theranos, and WeWork were all unicorns and none of them had real “meat.” Uber is/was a unicorn and th
by dartos 3y ago
What makes a “real” unicorn?
There was a time where FTX, Theranos, and WeWork were all unicorns and none of them had real “meat.”
Uber is/was a unicorn and the gig economy has proven awful for society. (Underpay what amount to employees while giving them no benefits or recourse and at the same time destroying taxi companies that did)
Facebook was also a unicorn…
I think billion dollar companies that “do more” (eg. be a net good) for humanity are as rare as individuals who do, especially if they are profit driven.
- AlchemistCamp 3y agoUber decreased US road fatalities by 4% and alcohol-related traffic deaths by 6%. https://newsroom.haas.berkeley.edu/research/study-ride-sharing-apps-led-to-6-drop-in-alcohol-related-traffic-fatalities/ https://newsroom.haas.berkeley.edu/research/study-ride-shari...
- ceejayoz 3y agoIf they get credit for this, do they bear some partial responsibility if it goes up due to their significant price hikes over the past few years too?
- AlchemistCamp 3y agoEven more interesting to think about: if so, then do governments like Germany, which have severely restricted Uber, bear any responsibility for the lives not saved from alcohol-related traffic fatalities?