Re: Business models
Uber is a sharecropper company.
Oh wait - sharecroppers had a better deal, as in traditional sharecropping the landlord shared in the profit-loss risk of the sharecropper. With Uber, the "landlord" takes on no risk, just skims cream off the revenue stream regardless of profit or loss of the "sharecropper". With Uber, the "sharecropper" has 100% of the capital & operational risk.
The rich get richer! Yea for the sharecropper economy!
Biting the hand that feeds IT
