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> We never discovered demand in the way that VC-backed startups need to. (We now no longer believe the market exists in the US, but of course, perhaps we just c
by ProblemFactory 13y ago
> We never discovered demand in the way that VC-backed startups need to. (We now no longer believe the market exists in the US, but of course, perhaps we just couldn’t find it.)
Could you please tell us more about your opinions on the ride-sharing market? Were there any surprise difficulties or discoveries? Or is the "half a million rides per year on Craigslist" * expected revenue per ride just too small to be worth pursuing as VC-funded startup?