Re:On-Demand Startups Are Hemorrhaging Tens of Billions a Year
by JMTQp8lwXL on Wednesday April 03, 2019 @12:36AM
(#19560779)
An emphemeral ride you recieve via a ridesharing app is a commodity. Your social connections are not a commodity. The distinction in where (and where not) network effects applies matters.
Small critique, though: if there are no drivers, you won't ditch Uber of Lyft for the no-name platform that mandates a 60 minute wait before you can get picked up since they have so few drivers.
Perhaps, network effects should be a continuum, with ridesharing at the weaker end, and social networks at the stronger end, when it comes to business relevance.
Small critique, though: if there are no drivers, you won't ditch Uber of Lyft for the no-name platform that mandates a 60 minute wait before you can get picked up since they have so few drivers.
Perhaps, network effects should be a continuum, with ridesharing at the weaker end, and social networks at the stronger end, when it comes to business relevance.