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pfannkuchen 10 days ago

It might change once the companies switch away from lighting VC money on fire mode and switch to profit maximizing mode.

I remember Uber and AirBnB used to seem like unbelievably good deals, for example. That stopped eventually.

oblio 10 days ago | parent | next [-]

AirBNB is so good that it's half the size of Booking.com these days.

And Uber is still big but about 30% of the time in places I go to, in Europe, it's just another website/app to call local taxis from (medallion and all). And I'm fairly sure locals generally just use the website/app of the local company, directly, and Uber is just a frontend for foreigners unfamiliar with that.

pfannkuchen 10 days ago | parent [-]

Right but if you wanted to start a competitor it would be a lot easier today vs back then. And running one for yourself doesn’t really apply to these but spend magnitude difference wise it’s the same idea.

jeremyjh 10 days ago | parent | prev [-]

This I could see.