The fundamental problem with Silicon Valley’s favorite growth strategy
O'Reilly Media - Ideas
MARCH 21, 2019
Would each company be spending 55% of net revenue on driver incentives, passenger discounts, sales, and marketing to acquire passengers and drivers faster than the other? Then, in 2012, he launched a new company, Sidecar, to provide the equivalent of peer-to-peer taxi service, with ordinary people providing the service using their own cars.
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