3min chapter

Newcomer Podcast cover image

The Gossip Economy (with Kyle Harrison)

Newcomer Podcast

CHAPTER

Uber Airbnb: A Non Zero Interest Rate Environment

Uber and Lyft used to make the argument that it was not a commodity. It was very much the black car versus the your buddy with a car, right? They have entirely commoditized. If you're going to go chase a high volume low value commodity, there is an argument for like spend like a drunken sailor sprint as fast as you can get everywhere as quickly as possible. Uber hasn't yet proven that it can repeatedly prove profitable results.

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