Comment by FranklinJabar
9 hours ago
taxi apps, delivery apps, social media apps—all of these require a market that's extremely expensive to build but is also extremely lucrative to exploit and difficult to unseat. You see this same model with big-box stores displacing local stores. The secret to making a lot of money under capitalism is to have a lot of money to begin with.
Taxis are a government created monopoly.
None of the big-box stores have created a monopoly.
Amazon unseated behemoth Walmart with a mere $300,000 startup capital.
Musk founded his empire with $28,000.