Question: Spend some time looking at Lyft one of the successful
Spend some time looking at Lyft, one of the successful peer-to-peer business model companies mentioned in the feature. Why do you think Lyft has been successful while BlackJet, Ridejoy, and Neighborrow.com failed?
Answer to relevant QuestionsWhat role do you think the industry that a start-up is in plays in its success or failure as a peer-to-peer business? Are some industries more receptive to peer-to-peer business model start-ups than others? Explain. In what ways do you believe a freelancer could become a partner of a company rather than an arms-length independent contractor? Debra McGahan, a close friend of yours, mentioned to you that to complete a project in one of the courses she is taking this semester, she needs to describe a firm that is using an effective business model. Your immediate ...In thinking about the firm’s “basis for differentiation” as part of its business model, what differentiates Etsy from its competitors? Would you characterize the “Rivalry Among Existing Firms” in the industry Digg competes in as high, moderate, or low? To what degree was Digg able to effectively diminish or suppress the negative effects of the rivalry ...
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