I used to work at Kozmo.com during the dot com gold rush. And I remember our escalating battle with UrbanFetch.
Economics went out the window as it was all about customer acquisition and beating and coming up with better deals for customers. Ultimately, the only person who made money from our ridiculousness were bike messengers and other service providers (real estate brokers)
Economics went out the window as it was all about customer acquisition and beating and coming up with better deals for customers. Ultimately, the only person who made money from our ridiculousness were bike messengers and other service providers (real estate brokers)
A lot of what I'm seeing with Uber & Lyft reminds me of that time. Some of my observations on it here - http://4044walnut.com/uber-verus-lyft-kozmo-urbanfetch/