@trnsprttnst good piece. What do u think of Instagram vs kodak? Same issue, tech vs people + reach via internet and lower cust aquis. cost?
@gabe_klein Social networks mostly don’t stick around (Friendster, Myspace). We’ll see whether Twitter or FB will be around.
@gabe_klein Kodak lasted more than a century and earned great profits. It was undone not by Instagram but by digital cameras and smartphones
@gabe_klein Nothing stops taxis from (or anyone) from emulating Uber. E.g. Lyft. An app does not get you a monopoly position.
@gabe_klein Taxi industry is trying to fight back with TaxiMagic etc.
@trnsprttnst great points. I think Uber can be displaced for sure. People said same things about Amazon though when just selling books.
@gabe_klein Amazon has an actual distribution system. (And cumulative profits to date are only $2B. Uber doesn’t even own cars
@trnsprttnst platform to have multiple offerings can be very effective
@trnsprttnst true but that’s why making $ too. I think @gett is going to be good competitor, and @lyft as well.
@gabe_klein @gett @lyft It’s great people are interested, and it should of course be made legal (& safety regulated) but $10B is a lot of $.