Re:SoftBank expects $24B in losses from Vision Fund, WeWork ...
by vel0city on Wednesday April 15, 2020 @12:07AM
(#22874391)
What's the ongoing value of a site like Monster or Indeed? Or a cleaning service? There could be some amount of turn-over in these markets, or it could be something where almost all participants in the market only form long relationships. If there's high turnover, there's a decent market to be made being the matchmaker. Maybe not a >$300M market to be made, but there's probably some value in it.
[ Parent
| on HN ]
Re:SoftBank expects $24B in losses from Vision Fund, WeWork ...
by TeMPOraL on Wednesday April 15, 2020 @08:11AM
(#22876778)
> What's the ongoing value of a site like Monster or Indeed?
They facilitate one-off transactions.
> Or a cleaning service?
It's a B2B version of hiring a cleaner, that's less risky and that has a feature useful for the hiring company in that the transaction is legal.
Neither of these are similar to recurring individual-to-individual services that may or may not be above board wrt. the IRS.