Uber, Lyft, Air BnB, Paypal, etc etc, would beg to differ.
What monopoly did AirBnB tackle?
I’m guessing you’re suggesting PayPal went after Western Union? There are plenty of ways to exchange money though.
Would my point be better if I clarified the monopolies? Perhaps if we focus on national monopolies?
What VC money is going to challenge Facebook, Amazon or Google, or any area close to them?
https://financialpost.com/technology/inside-the-kill-zone-bi...