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I don't understand why this information asymmetry is more important to their profits than the network effect of controlling a very widely used marketplace?
by harryh 12y ago
I don't understand why this information asymmetry is more important to their profits than the network effect of controlling a very widely used marketplace?
- aristus 12y agoThink ebay and all its network effect pixie dust, plus the ability to name your own price.
- harryh 12y agoWhat percentage of Uber's revenue comes from surge pricing?
- omonra 12y agoI'm with you. I think it's probably one of the 'things that could work better' but unlikely something the company makes much money from.