Mary Meeker’s 2019 internet trends report [pdf]

Post by greenhatman » Wed, Jun 12, 2019, 2:09 AM UTC

kbenson wrote: post #78

jblow wrote: post #64

Earlier quoted context omitted.

A 91% top marginal tax rate would be a net negative on taxes, because most of the rich people would leave the country. There's a fine art to setting the tax rate at a level that people dislike, but not strongly enough to do something about it, because the other benefits of being here outweigh.

> because most of the rich people would leave the country. Yeah, the IRS doesn't care. If you are a U.S. citizen or resident alien, the rules for filing income, estate, and gift tax returns and paying estimated tax are generally the same whether you are in the United States or abroad. Your worldwide income is subject to U.S. income tax, regardless of where you reside. 1: https://www.irs.gov/individuals/international-…

Post by rockinghigh » Wed, Jun 12, 2019, 2:57 AM UTC

titusjohnson wrote: post #54

tptacek wrote: post #27

Earlier quoted context omitted.

I don't think car sharing will go extinct either, but be careful with your analyses. Uber and Lyft are precariously balanced on a system of ( substantial ) low-income demand, high-income demand, and subsidy. If prices rise, low-income demand plummets, ending subsidies. High-income pricing could rise significantly higher than you might expect, at which point you no longer have "ride sharing" so much as you have privat…

Car sharing? There is no sharing involved, all transactions are done with money. They're taxi dispatch services that live in a grey area of employee/contractor.

Post by nradov » Wed, Jun 12, 2019, 3:12 AM UTC

povertyworld wrote: post #77

asdff wrote: post #73

Earlier quoted context omitted.

There's going to be a point where taking a scooter becomes more attractive for low income people (it's already half the price of a lyft), and then there will be a point where owning your own $400 scooter or $100 bike will make more sense rather than relying on the rental (which is normalizing the idea of riding an electric scooter/bike through a city). I wonder if these companies have dug their own grave.

Owning a bike isn't really that good for commuting. I use Citibike to go to work and pretty much anywhere else they have Citibike docks. People always ask why I don't just buy a bike. I had a bike. It got stolen. If a Citibike gets stolen, that's not my problem. Moreover, I don't have to try to take it on the train, or carry it into a building, or find a place to park it outside where it won't get stolen or vandalize…

Post by onion2k » Wed, Jun 12, 2019, 3:57 AM UTC

mevile wrote: post #14

ketzo wrote: post #13

From page 29, average customer acquisition cost has risen by ~33% in just the last two years ... they make the point on the next slide that having customer acquisition costs exceed a customer's lifetime value can't really succeed for long. I think this, specifically, is what will spell the doom of Uber and Lyft, and potentially many of the food delivery companies -- they rely on insane growth curves to generate new i…

> will spell the doom of Uber and Lyft Car sharing isn't going anywhere. It's too convenient. The prices will rise, the number of drivers and passengers will fall and the companies will shrink, but they'll still be around. I have trouble seeing suddenly seeing a day when there's no car share service because they all finally went belly up.

Post by naistran » Wed, Jun 12, 2019, 4:38 AM UTC

floatboth wrote: post #44

huh, Atlassian is on the huge company list?