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Why 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
by avalaunch 12y ago
Why 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.