Theory: in the beginning of a tech revolution, capital light “sharing economy” models win. They can roll out faster. Inevitably, they get crushed by “fatter” competitors with operational excellence. Example: Ebay -> Amazon Future: Doordash/UberEats -> "ghost kitchen" brands. Consumers are slowing associating their palate to the dish itself, and not so much the restaurant … Continue reading Capital-Lite Model “Ghost Kitchen” Concept
Pricing Power
Important takeaways from Lyft’s S1 Filings Rev PAU (per active user) has essentially doubled in the past two years alone. 25% comes from increase in # of rides, and rest comes from ASP (38%) and take rate (48%). Raising prices is a great way to flesh out whether you actually do have a moat… The … Continue reading Pricing Power
Intersection notepad 