There's a problem in that: what if you're up against VC-backed silicon valley unicorns whose business case is to overgrow and obliterate anything else in their sector?
In other words, if you can't afford to buy cars and hire drivers and comply with all regulations then don't compete with Uber. The missing part is, Uber intentionally cuts these things out of its business model so you can't… I guess it would be, drive for Uber until you can afford a real taxi medallion.
Likewise, I think being a YouTuber you will NEVER be able to earn enough money that you can jump ship to a competing video service with better conditions, because no such service (?) exists at the scale and audience of YouTube, because YouTube runs at a substantial loss in order to completely own the market for non-trivial uses.
That's valuable. How valuable? Stock market valuable: as in, people with money THINK it is valuable, and I don't think the reality has been well tested yet. We're still in the world where dominating and monopolizing is seen as super valuable, because of some immense perceived payback that you apparently get to do.
In other words, if you can't afford to buy cars and hire drivers and comply with all regulations then don't compete with Uber. The missing part is, Uber intentionally cuts these things out of its business model so you can't… I guess it would be, drive for Uber until you can afford a real taxi medallion.
Likewise, I think being a YouTuber you will NEVER be able to earn enough money that you can jump ship to a competing video service with better conditions, because no such service (?) exists at the scale and audience of YouTube, because YouTube runs at a substantial loss in order to completely own the market for non-trivial uses.
That's valuable. How valuable? Stock market valuable: as in, people with money THINK it is valuable, and I don't think the reality has been well tested yet. We're still in the world where dominating and monopolizing is seen as super valuable, because of some immense perceived payback that you apparently get to do.