applied know how
Uber has effectively sold itself to its investors as a tech company that simulates countless one-on-one negotiations between drivers and riders that, on an infinite timescale and with infinite patience is very much a technological product.
Except Uber isn’t quite doing this– its employing drivers who use their own cars to replace taxis (and delivery vans). Its clearly limited to the physical world, and isn’t infinitely scaleable at no cost.… Read more
for the last few weeks I’ve been thinking about the strategy of cutting edge companies.
We all know a “tech” moniker can boost valuation- just compare WeWork to IWG.
But what is Apple doing- it has been clearly a hardware company with a service and software add-on. But things are changing.
It does feel like there is one more shoe yet to drop when it comes to Apple’s strategic shift.… Read more
Seems a lot of negative news is provoking a response
Softbank- after investing US$10.5Bn at a US$47Bn valuation in WeWork – now doesn’t want a WeWork IPO … one way not to recognise a potentially heavy investment loss is to close your eyes, ignore the evidence and pretend nothing has happened, reports the FT . A listing would expose the horrible truth about the allegedly hip workspace landlord isn’t worth its US$47Bn value.… Read more
I’ve been involved in Executive education (andragogic learning) for almost five years and have slowly built up experience about how we executives learn best. Here’s me at the beginning as I spent a lot of time talking and not enough time encouraging learning.
Here’s three ideas from my experience
I love the Hubert Horan series on Uber/Lyft and with other Unicorns -inhabiting their own enchanted gardens- venturing out into the real world can be a danger to their health. Here is his latest take down of Uber/Lyft source
Given Lyft’s terrible performance- down 45% on their IPO price- Uber abandoned its original $120 billion valuation objective. As it began its roadshow, it announced a $90 billion target ($55 per share) designed to raise over $10 billion in new investment.… Read more