“Winners Take None:” Coworking, Self Storage, Scooters Have Burned Billions of Investor Dollars and Maybe Were Never ‘Tech Companies’
The historical dynamic for software markets was one of ‘winner take all/most.’ Economies of scale, network effects, soft monopolies/bundling, patent moats: there are many reasons why. P…
https://hunterwalk.com/2023/08/07/winners-take-none-coworking-self-storage-scooters-have-burned-billions-of-investor-dollars-and-maybe-were-never-tech-companies/