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Perhaps 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
by seanflyon 12y ago
Perhaps 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.