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Ah yes - Uber, Doordash, and AirBNB. Famously profitable, right? Definitely not companies that currently and have always hemorrhaged money in order to drive out
by ertgbnm 2y ago
Ah yes - Uber, Doordash, and AirBNB. Famously profitable, right? Definitely not companies that currently and have always hemorrhaged money in order to drive out the existing competition and establish a dominant market share. Users fell in love with the product because it changed the way they think, not because it was artificially subsidized to be the cheapest available option until the legacy industry could no longer compete with it.
There may be some insight to be gained with the concept in the essay, but the examples aren't great.
- ocean_moist 2y agoI chose Uber because the concept of getting into a strangers car was the first shift of thinking a startup did that came to mind. The rest I chose are examples from YC as they are the ones with phrase “Make something people want”. I think if I spent some more time I could have came up with better ones.
- kwhitefoot 2y agoPeople have been getting into taxis for over a hundred years. Uber is just a slightly sketchy taxi service. What shift of thinking is involved?
- ertgbnm 2y agoYes, plenty of good examples. Spotify and Netflix changed the way people think about intellectual property and how content is accessed. Tinder changed the way people thought about meeting partners.
- DoingIsLearning 2y agoI agree with the principle of paradigm shifting. But many of these modern examples are just exploring the concept of bypassing regulations in a regulated space (Uber, Airbnb, etc.)