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The Unsustainability of Super Valued On-Demand Startups

The Unsustainability of Super Valued On-Demand Startups

Added over 2 years ago | As appeared first on pando.com | Author: Carmel DeAmicis
When millions — or even hundred of millions — in venture capital is powering your startup engine, profits are often a distant concern. It's with this bizarro economic calculus that we stand by and watch an entire sector of on-demand mobile-first startups compete in the kind of price wars that will leave a handful victorious, many bloodied, and more still gasping their last breaths, lucky to be sold at acquihire prices. In the mean time, though, consumers are getting a Pets.com free-bags-of-do...
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