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Public transport is covered in ads, has a much higher ridership than rideshares (i.e. has many more eyeballs to sell, and much lower per-user costs) and isn't even close to being profitable from ad revenue.



Which is obvious to a lot of people except for SV "tech bros" apparently

> Free, ad-supported Uber rides are inevitable, and if Uber doesn’t do them, a different competitor – perhaps Google! – will do it.

This doesn't survive 5 min of serious analysis. Not everything that becomes cheap end up free

But hey, if they BS hard enough Sequoia might put a lot of money in them


It’s Uber for timeshare pitches. You get a ride to the airport instead of a fruit basket for sitting through the pitch.

I imagine they would have the driver multitask as the presenter.


The blog author is a partner at Andreessen Horowitz.


All the more reason to be skeptical. These VC/Crypto boys live in a bubble. https://a16z.com is hard crypto!


...cool? does that position come with the ability to defy gravity or math?


No, but it does mean that someone (e.g. the authors company) might just put money into the idea.

They don’t even need to BS very hard if they are a partner in the firm, and sponsor a “vetted” team that they think can pivot from something stupid to something profitable.




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