Product-market strategy & politics

“Dockless bike shares have found a niche where they don’t have powerful enemies,”

Uber for bikes: how ‘dockless’ cycles flooded China – and are heading overseas, April 24, 2017 at 10:13AM

The only people who seem to be upset by the new share bikes, however, are illegal motorbike taxi drivers – who are missing out on business from metro stations late at night – and security guards, who don’t like mess on the pavement outside their buildings. There is friction, but the groups that are upset aren’t powerful enough. So the government doesn’t care.

Uber’s valuation – company v/s market

Its valuation is that high despite the fact that it’s not profitable, and despite the fact that it has little protection from competitors baked into what it is and does.

Uber’s valuation, in other words, is a reflection of the global marketplace and not a reflection of Uber’s own durability as a company.

What Happens If Uber Fails?, March 23, 2017 at 03:00AM