5 ms·
It might change once the companies switch away from lighting VC money on fire mode and switch to profit maximizing mode. I remember Uber and AirBnB used to see
by pfannkuchen 1y ago
It might change once the companies switch away from lighting VC money on fire mode and switch to profit maximizing mode.
I remember Uber and AirBnB used to seem like unbelievably good deals, for example. That stopped eventually.
- jeremyjh 1y agoThis I could see.
- oblio 1y agoAirBNB is so good that it's half the size of Booking.com these days. And Uber is still big but about 30% of the time in places I go to, in Europe, it's just another website/app to call local taxis from (medallion and all). And I'm fairly sure locals generally just use the website/app of the local company, directly, and Uber is just a frontend for foreigners unfamiliar with that.
- pfannkuchen 1y agoRight but if you wanted to start a competitor it would be a lot easier today vs back then. And running one for yourself doesn’t really apply to these but spend magnitude difference wise it’s the same idea.