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A comment on Startups that were massively funded that died in 2017. Parent comment

Re:Startups that were massively funded that died in 2017 by jogjayr on Monday July 10, 2017 @03:29AM (#14734006)
Luxe is basically an opposite bet to Uber. To invest in Uber is to be long on a future with no personal car ownership and, eventually, self-driving automobiles available on-demand. Whereas, it seems to me at least, that continued, and growing, personal ownership of cars is practically a requirement for Luxe to become a unicorn.

EDIT: changed "self-driven" to "self-driving"

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Re:Startups that were massively funded that died in 2017 by notyourday on Tuesday July 11, 2017 @04:44PM (#14747872)
If Uber and Lux were public then the correct bet would have been to bet on both of them.
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Re:Startups that were massively funded that died in 2017 by jogjayr on Wednesday July 12, 2017 @02:47PM (#14755343)
In effect that's what VC has already done for us, right?
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Re:Startups that were massively funded that died in 2017 by notyourday on Wednesday July 12, 2017 @08:01PM (#14757718)
Not really.

Properly hedging requires constant adjustment of the steak to lock in the "winnings" and replacing the losing company with a different one that does similar things but has better management.

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