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LiteCoinGuy
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Always Winner Takes All

Thu Dec 31, 2015 1:18 pm

Always Winner Takes All

In September, 2014, after investing in a ride-sharing company called Sidecar, Richard Branson declared that it was “early days and, like a lot of other commodity businesses, there is room for innovators on great customer experiences.” He added that he was not putting his money into a “winner-takes-all market.” Lots of ride-sharing companies, he was arguing, would survive and thrive. Yesterday, though, a mere fifteen months later, Sidecar’s co-founder and chief executive, Sunil Paul, announced that the company is turning off its ignition.

http://www.newyorker.com/tech/elements/ ... -takes-all
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Joined: Tue Nov 24, 2015 9:03 pm

Re: Always Winner Takes All

Thu Dec 31, 2015 11:37 pm

Always Winner Takes All

In September, 2014, after investing in a ride-sharing company called Sidecar, Richard Branson declared that it was “early days and, like a lot of other commodity businesses, there is room for innovators on great customer experiences.” He added that he was not putting his money into a “winner-takes-all market.” Lots of ride-sharing companies, he was arguing, would survive and thrive. Yesterday, though, a mere fifteen months later, Sidecar’s co-founder and chief executive, Sunil Paul, announced that the company is turning off its ignition.

http://www.newyorker.com/tech/elements/ ... -takes-all
Sunil Paul is shit, similar to his Brightmail scam which never really worked as over a billion emails passed through each day with ease ;)

I try to stay away from doing business with anyone from India, it never works out! At least with the Chinese, you can maintain leverage and there is common courtesy (to a degree).

It is safe to assume Richard Branson has the same words I do ;)
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