And yet, it seems that the past 5 years of economic activity have been illusory. I expect a similar fate of Uber and Airbnb. Once the dust settles only the staid big co's shall remain.
And yet, it seems that the past 5 years of economic activity have been illusory. I expect a similar fate of Uber and Airbnb. Once the dust settles only the staid big co's shall remain.
Petro China, Exxon, GE, China Mobile, Industrian and Commercial Bank of China
Top 5 companies by market cap in 2017:
Apple, Alphabet, Microsoft, Amazon, Berkshire
That's a hell of an illusion
But, as far as I can tell the software industry has contracted into those big 5 tech firms. The siren call of working at a startup and making it is sounding strident.
Knowing what you know now, what startup, if any, would you have joined 5 years ago?
Would you join any startup now?
If you look at my comment history you'll see I've been saying this for a while and I think it'll only get more true with further industry consolidation, which will make it both harder to displace incumbents product-wise, and harder to compete with them salary-wise.
It's not difficult to know how that particular story is going to end.
I've basically stopped using AirBnB entirely unless there is a 2x difference in price between a comparable hotel.
AirBnB is suffering the same product issues as Uber. Most of the listings now are from professional hosts with multiple properties. This is especially true in "hot" cities. As a result, quality of rentals have really declined from a few years ago, and anecdotally, the prices have also gone up - with all the various fees, it's really not that much cheaper than a hotel. And worse than a hotel, you have little to no recourse when something goes sideways.
I personally don't want to have an identity on the web. If that's against the rules could you kindly point it out to me? That's definitely something I'd be interested in learning about.
It's not in the guidelines yet but it will make it in there eventually. In the meantime, it's against the rules in the sense that we don't allow it, and ban accounts that do it, for the reason I explained above.