SoftBank expects $24B in losses from Vision Fund, WeWork and OneWeb

Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by variaga on Tuesday April 14, 2020 @07:10PM (#22872583)

Let's say the latent demand is there - once I've found a dog walker through Wag, why wouldn't the walker and I cut out Wag and spilt that 10% between the two of us?

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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by valzam on Tuesday April 14, 2020 @07:32PM (#22872733)

Nothing, which is the problem with all of these uber-for-x platforms. For anything that happens on a regular schedule the intermediary will be squeezed out rather sooner than later.

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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by yellow_postit on Wednesday April 15, 2020 @01:32AM (#22874844)

Yup every contact we have made through HomeAdvisor, Porch, etc just leaves us their details and a cheaper rate. Churn+New users is clearly non-zero but seems smaller than the valuations suggest.

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