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> Don't think for a second Uber will continue to provide useful service at fair price when it finally grows mature and stifles its competition. I don't think f
by seanflyon 12y ago
> Don't think for a second Uber will continue to provide useful service at fair price when it finally grows mature and stifles its competition.
I don't think for a second that Uber wants to continue to provide its service at a low price, but barrier to entry in the market is relatively low. Unless something changes on the legal front, I don't see how Uber can stifle its competition.
- avalaunch 12y agoWhy do you think the barrier to entry is low? It seems extremely high to me. There's a massive network effect in play. I imagine competing with Uber at this point would cost millions of dollars per city.
- seanflyon 12y agoPerhaps we are speaking of costs on different scales. Uber is valued at 18 Billion. Millions of dollars per city sounds like a low barrier of entry to me. If almost any small start-up can afford to compete with Uber in one city and a well funded one could compete in dozens, yeah I call that a low barrier to entry.