Three successful startups that rose to more than $1 Billion valuation disrupted the traditional business models, where a company creates a product or service and then sells it to its customers.
What's Common between them?
None of these startups directly create the value that end users consume. These companies facilitate the exchange of value between users.
Doesn't own Cabs nor operates the cabs , they just facilitate the service through an APP which disrupted the traditional cab industry.
Future Outcomes of these Disruptive Ideas
“We may end up with a future in which a fraction of the work force would do a portfolio of things to generate an income — you could be an Uber driver, an Instacart shopper, an Airbnb host and a Taskrabbit,” Dr. Sundararajan said.
#PatrickStewart #airbnb #snapchat #uber #disruptiveideas #startup