181 karma · joined September 24, 2015
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Product management at its best. Half of the time I don't know which app I am using.
When they do the math, iPhone might seem the most lucrative (they seem not to care about anything else) but since they are killing the ecosystem with no Mac Pro, no Mac Mini and with so called pro MacBooks, developers will abandon Apple eventually. Even if iPhone becomes/remains the most technologically advanced smart phone on the market, it would be like a distant paradise island with no airports. Airplanes (developers and subsequently the end users) will be landing on alternative airports on emerging islands, letting them prosper. Consequently, Apple island will be deserted.
It is impossible, at least continuously. Nobody has ever managed to do that. You'd be lucky if you could beat the market by a few points on average over a 20 years time period. Compensation well for good performance does not make sense when you aren't penalized for losses.
Having said that, I am one of those who does not get this type of ultra high valuations. That's another topic of course, I am not going to claim anything as I am not an expert.
The thing is if yet another company pops up, maybe a local one, with similar offerings as Uber, I might as well start using their service. It's so easy to switch or use them both, I don't have a emotional connection to Uber, why should I? I'd always use whatever works for me. So, I see Uber is not something irreplaceable. The most valuable thing is the idea itself, car sharing etc. It's not like building up a search engine, with secretive ranking algorithms that works better among competitors. Of course, what Uber had been doing is phenomenal, they probably do a lot of things behind the scenes. Uber had more capital and did more. The others will catch up. Which is a good thing, I'd rather have multiple service offerings, it's good for consumers.
To me, Uber is a ice breaker ship. Started exploring in the frozen seas. Opening up new paths. That's expensive. They have to do a lot of things right. It's difficult. They are ambitious. I am excited that new paths appear in the frozen seas that I can benefit eventually. On the other hand, what I see is, once the paths are open, others can follow easily. They don't need tank-like ships to overcome the icebergs, they don't need the best captains and crews, they don't need the most of the crucial stuff Uber needed. They will just sail along the paths Uber opened.
The lesson is: Be prepared as if you are going to be out of job anytime. That's a typical mistake of US based people. US is not a social country, you are on your own when shit happens, you should better be ready for the worst case scenario at all times.
Your monthly income is not for you to spend monthly. It's for today and future.
https://www.google.com/search?q=swiftkey+iphone+issues
https://support.swiftkey.com/hc/en-us/articles/201310402-Why...