De Masi: Uber and Airbnb are burning massive cash defending network effects
Niccolo De Masi · 20VC: Niccolo De Masi on The Bursting Of The Tech Bubble and What It Takes To Be A Celebrity Partner with Glu Mobile · Mar 11, 2016 · at 16:12
Niccolo De Masi, CEO of Glu Mobile, evaluates the rising costs and extreme capital requirements of late-stage tech unicorns in 2016.
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“Other than Uber and Airbnb, I can't think of you with the same sort of network effects. And you can see how much money it's taking them to defend that. I mean, even the private company info that's leaked there is they're all hosing through cash.”
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