Srinivasan: Uber and Airbnb have created one trillion dollars in societal value
Balaji Srinivasan · 20VC: a16z's Balaji Srinivasan on Why There Is A Financial Incentive For Truth In VC & Why The Best VCs Invest In Founder To Make Them Richer Than Themselves · Nov 25, 2016 · at 12:31
Balaji Srinivasan, former general partner at Andreessen Horowitz, estimates the societal utility created by ride-sharing and home-sharing marketplaces.
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“The rest of it is probably on the order of a trillion dollars in value that's being created if you were to compare it to what happened before.”
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