3min chapter

How I Built This with Guy Raz cover image

TaskRabbit: Leah Solivan

How I Built This with Guy Raz

CHAPTER

Scaling Up

The model of taking a commission from every task doesn't seem to be sustainable in the long run, because you would have to have merely hundreds of thousands of tasks happening every day to hit profitability. We took anywhere between 20 and 30 % of the task, and that was, you know, net profit us, right? So, yes, that, that was always the main business model. But at the same time, eric is really, like, he starting to scale the company the way he knows how to scale companies. And we're also realizing that the product now, in 20 11, is, it's just not working. It's doest not work to as there are competitors

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