186 karma · joined May 6, 2013
And even if they don't do it themselves, I imagine that uber will eventually release an API of sorts, allowing anyone to tap into their logistical network.
The food delivery startups faced similar risks, it'll be interesting to see how they fare now that uber eats is gaining momentum
It's also worth noting that Facebook, Craigslist, Photoshop, etc are not necessarily optimizing their UI for new users, but rather those users who have been using their software for a while. I imagine that one's design considerations will change based on the prototype of the typical user.
For one, the markets are risky. Let's not forget that just a few years ago, bonds which were supposedly rated AAA were nothing but air. The entire economic system collapsed quite literally overnight. Many people lost faith in the "system". Currently our debt levels are higher than any economist is comfortable with, and just like in the case with the subprime mortgages, there is huge political pressure to keep the government's AAA rating, whether deserved or not: https://en.wikipedia.org/wiki/United_States_federal_governme...
Additionally, over the past decade we've seen an huge rise in the number of startups, and the number of companies looking to "disrupt" entire industries. In 2016, it's not completely unreasonable that a billion dollar company could go bankrupt within a few years due to whatever disruption comes from left field. Hoarding cash is a hedge against this type of risk, as it allows large companies to be flexible, acquire smaller, potential threats, or go on the offensive if/when it becomes necessary. i.e. Facebook's acquisition of Whatsapp for 19B
Now, having the server actually process the information, and return a response that then must then be vocalized may take much longer, but that's a different issue than "network latency".
Not to mention when people interact, they often use filler words when collecting thoughts... "um...", "uh...", "hmmm..", "yeah...". there's your half second delay
I recall switching the product pages of an e-comm site, which had up to 50 small images per page, from https to http and the change very significantly increased page load speed for the end user
The few times I've used airbnb they were always much better than comparatively priced hotels in the area.
Share your challenges and be completely open and transparent. Use social media to stay relevant and on people's radar. Show people you're just as human as they are.
I'm on the same boat. Achieved financial independence in college. Experienced the highs of having a ton of friends in university and my first job to the lows of not being able to make any good friends as an independent worker.
This seems to be working for me.
* http://www.nytimes.com/2014/09/21/business/in-suburban-seatt...