2pasc

5 ms·

1.
Will your Company survive in a post Uber World?(medium.com)
1 points by 2pasc 11y ago|0 comments
2.
by 2pasc 11y ago
It depends if you plan on working in big Companies or small to medium size Companies/startups. Large public Companies (assuming we are talking about a case against a public Company) may be reluctant to have you because HR might freak o
3.
by 2pasc 11y ago
What made competing with Coinbase so hard? the fact that Coinbase was so well funded?
4.
by 2pasc 12y ago
I did a blog post about that: http://2pasc.com/2012/05/18/the-power-law-of-startup-employe... Overall - it depends when you get in, and its valuation potential at exit. Companies with 10B-100B+ exits can crea
5.
by 2pasc 12y ago
You should contact GrubMarket and apply to work for them - they are YC + funded + in the same space as PearMarket. cs@grubmarket.com
6.
by 2pasc 12y ago
First of all - nobody has been serious about monetizing messaging yet in the US apart from Tango. Kik, Snapchat and FB Messenger have barely started doing anything. Second of all, I think that there is some kind of hope from Fred Wilson (wh
7.
by 2pasc 12y ago
How can a partner know you are not going to compete with him/her? I mean a lot of the recent services you guys launched (Essentials, Alchohol, Flowers) show some kind of vertical integration. What if one of your partner grows like craz
8.
by 2pasc 12y ago
This is human nature. You have these guys in NYC, in DC, in LA, in Connecticut - everywhere where there is money. Even among investors at second or third tier firms, you have folks with a lot of money but nothing to show for it. This is a
9.
by 2pasc 12y ago
What you are talking about is a new phenomenon. Silicon Valley in 2008 was different - rents were lower, and $120K with 2 kids and one income was OK. There has been a dramatic increase in rent/real estate prices in the last 6 years tha
10.
by 2pasc 12y ago
1/ They mention drivers making $1000/week. 2/ Smarter drivers are driving very gas efficient cars with much lower gas costs 3/ Wages are way better if you drive during peak hours. I did and it is pretty neat how much you
11.
by 2pasc 12y ago
Quite honestly - do you believe that making more than $50,000 per year for a HS grad is a bad thing? I am not saying that they should not make more, but for most non college educated individuals - $50,000 is above US average income. Uber m
12.
by 2pasc 12y ago
I actually disagree. It seems crazy - yes. But, in Europe you have many families that have a maid that does a little bit of everything. These maids are super expensive here - only the top 1% have them. So you have an alfred + the different
13.
by 2pasc 12y ago
There is a big difference between - delivering food you have in your trunk in under 10 minutes, and what Postmates or Caviar does. It seems UberFresh is closer to a Sprig/Spoonrocket model than a Postmates model.
14.
by 2pasc 12y ago
That is for sure. But it is also assuming that stores know how to generate demand for their restaurant. The way they have out-executed Postmates is really crazy.
15.
by 2pasc 12y ago
It's incredible how fast Uber executes: they launched in the same month: 1/moving in Atlanta 2/convenience store in DC 3/lunch in LA 4/ride-sharing in SF The one thing I am not sure is how they could branch out of p
16.
by 2pasc 12y ago
Could you contact me? (plg at name of my company in my hn profile) thx
17.
by 2pasc 12y ago
Theoretically, you are right. But SMBs have heard of Foursquare and this is invaluable for them as this is how they are going to make money in the end. As for consumers - you are right for the single digit millions who check in from time to
18.
by 2pasc 12y ago
that's true and they are impressive - and I know that because one of my previous Companies got a term sheet from them and they made their decision super fast.
19.
by 2pasc 12y ago
Sure. But YC was started in 2005 or something. this was a very different market. Sequoia benefitted from he YC deal flow early on from founders who might have not even considered them at that time. Sequoia missed FB and twitter and the soc
20.
by 2pasc 12y ago
Ask them about it: https://www.facebook.com/LollyWollyDoodle
21.
by 2pasc 12y ago
It's worth noting that Sequoia invested in YC early on, which gave them a preferential portfolio access I assume. The beauty of the model is not that YC has a portfolio worth $1B of gain - but that they spent less than $15M to get ther
22.
by 2pasc 12y ago
Actually, you forgot one step: 4. GSX vans pick up the goods and deliver to GSX warehouse 5. GSX van #2 pick up at warehouse and delivers to consumers. GSX vans have to do 5 deliveries per hour minimum (which is no too hard to do in a city
23.
by 2pasc 12y ago
Out of curiosity - what kind of more "local" stores would you like if GSX is coming from chains anyway? (I live in the Bay Area, so you can give precise names, and I might know them). Thanks!
24.
by 2pasc 12y ago
It's funny that you would switch to Instacart if they (=google) charged you, when Instacart is already 20-30% more expensive of Google Shopping Express on most items already (this is how they make money).
25.
by 2pasc 12y ago
Initially their growth was only word of mouth (and leveraging networks of Companies using them to order food for lunch).
26.
by 2pasc 12y ago
It's silly unless you know the numbers involved (revenues, growth, etc..). As far as I know nobody knows these numbers today (I know the ones from 6 months ago and they were better than most startups hope to ever get to).
27.
by 2pasc 12y ago
I don't know anything about this deal, but as far as I know Caviar has been growing leaps and bound, with many new cities launched recently very successfully in terms of order volume, etc... Caviar's growth potential is really str
28.
by 2pasc 12y ago
Can you send me info as well plg at sixdoors
29.
by 2pasc 12y ago
Maybe, but the fact that food is cheaper as a % of income today does not mean we have less poverty overall. It just means we have a different kind. First of all, lodging is still a very important budget item, and not one that is bound to d
30.
by 2pasc 12y ago
I am not saying we should not try again. I think that the arguments used by Larry Page reminded me of what French socialists were saying in the late 90s, and the effectiveness of these measures has been zero.

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