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Don’t Let The Law Get In The Way Of A Good Business Idea
Someone wrote in an email that I received over the weekend that :
The real genius of Uber is turning a commodity product (taxi) that one simply consumes into a status product that one ‘displays’.
You KNOW that I disagree. I wrote a detailed email response, but then did not send. I didn’t send it because it was a rant about Uber, in the middle of a totally different (and interesting) dialogue. And so inappropriate. But I still wanted to capture it for posterity.
The real genius of uber” is getting a 50 billion valuation for a phone app - and using the investment monies to ‘lobby’ people and governments around the world to ignore that they are breaking the law - and instead force them into changing it - to suit what they want. Just one of many examples of the reporting in the UK - revealing that either Cameron or Matthew Holehouse do not have a clue as to what is going on - or are simply ignoring it … this might be why, because about a month later this happened, and no - you don’t see as much about the push back here in America as you do in India, Spain, Turkey, Australia, China, et al.
I do firmly agree with Heimans. “Uber sits firmly in the old power model“ - which is not very VRMy
/RANT :-)
And wouldn’t you know that this popped up into my feeds just as I hit send … which is another reminder as to what we need to keep top of mind, if it looks too good to be true - it probably is, reminding me of an earlier post I wrote on this topic.