> Uber/airbnb/lyft were considered in the same tier as facebook/google before corona
So was wework by many. Facebook/google cannot be more different from uber/airbnb/lyft.
FB/G are in high margin business, operating largely in virtual space, where scaling to new markets has low marginal costs.
Uber/airbnb/lyft are in historically low margin, capital intensive space, where scaling to new markets has very high marginal costs. Same as wework is an office rental with an app, so is uber, a taxi with an app. App part is cool, and gives them meaningful advantage, but it's still a taxi business, and they were not able to change that.
Odd that you say that. I got an offer from WeWork, which I declined because of weird cult-y vibes I was getting during the interview. A few months later they blew up.
I got rejected by Uber, was too scared of rejection to try Airbnb or Lyft. But I considered all three a tier (or more) above WW.
I'd have hands down, without hesitation, accepted a job from Uber even if I would have been laid off at some point down the road. Having Uber (or Lyft, or Airbnb) on the resume would open doors I imagine having WeWork (even disregarding the whole scandal) would not.
So was wework by many. Facebook/google cannot be more different from uber/airbnb/lyft.
FB/G are in high margin business, operating largely in virtual space, where scaling to new markets has low marginal costs.
Uber/airbnb/lyft are in historically low margin, capital intensive space, where scaling to new markets has very high marginal costs. Same as wework is an office rental with an app, so is uber, a taxi with an app. App part is cool, and gives them meaningful advantage, but it's still a taxi business, and they were not able to change that.