418 karma · joined April 29, 2015
In India and Bangladesh there is recorded history of hundreds of thousands of deaths. The book sources these facts, if you want to invalidate anything I suggest you go to the original sources, not make a straw man arguement.
I will reiterate, read the book, read the sources -- if you want to invalidate something, invalidate the primary pieces of evidence -- than come back here and we can have a productive conversation.
So in regards to your question, AA has been disastrous around the world. In India and Bangladesh hundreds of thousands of deaths, people burning each other in the street, terrifying stuff. All because of class wars instigated by benefits to one class over the other. Same results, on a different magnitude, in Malaysia, Nigeria, Iran, Australia and to a smaller extent the U.S. AA has never worked in all of recorded history.
I couldn't agree more. Travis (and the team) has created $51bn of market value, provided cheaper and more efficient transportation to tens of millions of people in hundreds of cities all around the world. He's fought, and defeated, corruption of city officials in many locations all around the world. Uber has and will have a massive positive impact on tens/hundreds/thousands of millions of people in the world (with the self driving vehicle). How he's portrayed in the media is largely irrelevant, to me at least.
Can't sing enough praise about it. Sourced incredibly And clear logical points.
It's odd to me that people with (assumingly) no knowledge on the matter feel they can aptly deduce complex situations into one sound bite of a sentence.
The top companies only want to go with the top investors and vice versa. I wish they'd publish data. I'd love to see Benchmarks ROI on their recent fund, it's likely going to be the best performing fund of all time.
Either way it's helpful to know what field OP wants to work in, especially when trying to find a cofounder.
I'd say the allocation of capital has been fairly efficient. Uber will be doing self driving vehicles(among other companies), and that will be as transformational as the automobile itself.
Who's going to hold them accountable? Those who fund them have no choice in the matter, so it's naive to expect accountability in the first place.
Please, explain.
>They entered markets and gained a foothold
By providing a better product at a better price.
I'd say Uber has far superior execution and product distribution, but worse PR/Perception.
This is entirely false. Uber's legal and political staff is _huge_. I'd assume the same for Airbnb.
No one is "pretending" they don't exist. They're building a product, allowing consumers to use better alternatives and challenging local authorities on their backwards ways.
Stop talking and start doing.
Amazes me as well. The extent to which corruption was rampant all around the world in the same industry.
False. Uber is losing hundreds of millions of dollars.
>Aaand, in cases like this, it's always useful to ask: the laws we're breaking, who are they intended to benefit or protect? People without a lot of economic or political power to begin with? Yeah, maybe we should leave those laws alone--by definition, the people we're hurting are the ones least able to do anything about it anyway.
Intentions are irrelevant. It's end results that matter. People vote with their wallets. There is only one reason why Uber has created $51bn of market value, many people find it superior to the alternatives they have at their disposal. Uber _helps_ those with low economic or political power, more transportation options at a cheaper price.