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The Challenges of Multi-Stakeholder Cooperatives
A lot of a lot of the venture capital that goes into firms early on at Uber or Lyft goes towards faking supply. So essentially subsidizing supply platform such that if you're waiting on the corner for an Uber or Lyft, you're only going to wait for a few minutes. And so one of the challenges with the drivers cooperatives was not only how do you attract talent that will come and work for the cooperative out of over price point when you need really good engineering talent? But then how do you subsidize the supply to ensure that you have enough liquidity on the marketplace?"