Re:Venture Capitalists Are Deforming Capitalism
by jjeaff on Tuesday November 24, 2020 @12:43AM
(#25195656)
Maybe? Car services and taxi services kind of already validated product market fit long before Uber, lyft, etc.
While yes, they have some benefits that people like, but it's not clear that those services would have been able to compete against existing services without heavily subsidizing to undercut existing market players.
While yes, they have some benefits that people like, but it's not clear that those services would have been able to compete against existing services without heavily subsidizing to undercut existing market players.