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Ep. 843: Rob Markey Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Subsidize Your Ride Sharing Business

The more riders you have, the more drivers you can get. So why not subsidize the rides? But at some point, the unit economics have to be positive. You can't lose a dollar on every customer and then make it up on volume. That's not how math works. Ultimately, they're going to have to charge what it costs them.

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