Chapter
The Need for Franchising in Local Markets
26:21 - 35:30 (09:08)
In a world where there are infinite local markets, consumers want simplicity and efficiency when ordering products or services. Franchising models will be the key to success for companies within these markets and higher order consumer entities like Facebook, Google and Apple will be instrumental in enforcing user experience and abstraction of these services.
Clips
The PRO Act could have negative consequences for gig workers who only work a few hours a week as they may be forced to work full-time if the act passes.
26:21 - 27:44 (01:23)
Summary
The PRO Act could have negative consequences for gig workers who only work a few hours a week as they may be forced to work full-time if the act passes. While this could be a tragedy for some, those who only want to work part-time will still be able to do so.
ChapterThe Need for Franchising in Local Markets
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The state is effectively capturing the excess return of Uber and Lyft through AB5, regardless of the market cap, which poses a threat to their business and may result in reduced market cap.
27:44 - 29:39 (01:55)
Summary
The state is effectively capturing the excess return of Uber and Lyft through AB5, regardless of the market cap, which poses a threat to their business and may result in reduced market cap.
ChapterThe Need for Franchising in Local Markets
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
While investing in tech giants may have big distributional consequences, it also has a huge deadweight loss.
29:40 - 32:04 (02:23)
Summary
While investing in tech giants may have big distributional consequences, it also has a huge deadweight loss. The success of companies like Uber, Lyft, and DoorDash is what leads to the oligopolistic model of success.
ChapterThe Need for Franchising in Local Markets
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The natural market dynamics of local services that have an infinite sum of many local markets require simplicity and efficiency as consumers do not want to deal with multiple apps.
32:04 - 35:30 (03:25)
Summary
The natural market dynamics of local services that have an infinite sum of many local markets require simplicity and efficiency as consumers do not want to deal with multiple apps. A franchising model should be adopted by companies to move forward to become successful in transportation services and a lot of other services.