Viewing profile — pitnips

But how many customers are signed into multiple apps? I don't think very many. And even if competition forces prices to go incredibly low, only the biggest players will survive. Ub…

It's a localized network effect only if they are isolated to local areas. However, most people in the U.S. (especially outside of SF) only have Uber, so the network effect grows st…

Well, I think you don't understand what a network effect is. From Wikipedia, "A network effect is the effect that one user of a good or service has on the value of that product to …

Although you may be technically correct, it doesn't change the argument. Their contract terms still force them to try to extract every penny out of customers to maintain profitabil…

The network effect is the barrier to entry. It's a huge barrier to entry. There wasn't a barrier to entry a few years ago, but now there is a huge one. There won't be more than a f…

There's as much difference between Uber and the airline industry as there is in a $10 ride home versus a $250+/person flight. Uber doesn't own any cars. How would better service an…

Ah, right. Thanks

But it is a network effect. The more people that use the service, the better that service will be. If only a few people used Uber, there would only be a few drivers. This would lea…

More users (i.e., your friends) drive higher service levels (more Uber drivers and quicker service times, which spirals). There is no "forcing," just as no one "forces" you to have…

"The attorney, as an outsider to the corporation, owes no fiduciary duty to the corporation’s shareholders so the classical theory would not apply. Under the misappropriation theor…

The rebuttal: http://abovethecrowd.com/2014/07/11/how-to-miss-by-a-mile-an...

Groupon doesn't have a network effect. Uber has a VERY strong network effect. In fact, it has the type of network effect that can keep its advantage over competitors (see Facebook …

Uber's revenue will continue to skyrocket. They are not "scaled out," and as revenue exceeds well-beyond $1B and they no longer have solid investment opportunities for growth, thei…

"In one 25-day span this year, Joyce flew round trip to London 16 times, flights that would retail for more than $125,000. He didn't pay a dime." How is that even possible? Did he …

Perhaps

You get $10k more for living in SF over Nashville. Seriously, $10k? SF has to be somewhere around 50% more expensive than Nashville.

Interesting hypothesis http://www.zerohedge.com/news/2015-07-08/what-first-world-cy...

China's market has been crashing for a few days now. How does a cyber attack on the NYSE help China? All trades will go through just fine on NASDAQ and BATS.

You worked at GS but call it Goldman's?

Spot on. Thanks

You need to compare "quite affordable" with the $200 price of a smart phone. Because $200 seems "quite affordable" for a smart phone that can do pretty much anything and everything…

Then they probably don't have enough money for a subscription service, and if they do, they're better off with a non-smart (dumb?) phone.

I like your first analogy. Your second analogy, on the other and, seems to me to justify the action. I think Macy's would thank you rather than call the police, but that's just my …

There are a lot of one-time expenses involved with going public, so you'd have to strip those out of any extrapolation. But I'm not going anywhere near TWTR.