My offhand comment was simply:
My hypothesis about Uber-like businesses, simce around 2015, is that they must inevitably exit to the public sector. Because it's VC money frontloaded to bulld a monopoly which guarantees scale, to deliver federal-scale infrastructure. It's simply a service to government.
Evidence so far? Go see where Uber makes its margin today. Go see where it sits as a lobby subject.
Go see where Grab sits in terms of profitability and government relations.
Fuck building a competitor. Just buy Grab's operation to put it out of its misery 🤣
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