I’ve always perceived mid-tens Uber as a regulatory arbitrage and gov’t subsidy play (GPS, regulatory incompetence as subsidy) masquerading as a tech startup, with a sideline in loss-leader pricing (thx SoftBank).
I don’t want to diminish the work of the technologists, I’m sure operating at this scale is very complex.
I don’t want to diminish the work of the technologists, I’m sure operating at this scale is very complex.