uber vs lyft
grubhub vs seamless
doordash vs ubereats
belly vs fivestars
given that there’s an inclination for the media & entrepreneurs to laud over groundbreaking “disruptive” ideas, what is the reason VCs back copycat competitors with the SAME business model in the same industry? Not even a different niche…?
Am I missing something here? Every other post I see on r/startups or r/entrepreneur has comments/feedback from posters asking “what makes you different from X? Seems pretty identical & non-compelling?” Yet there is nothing different between Lyft or Uber. Or UberEats vs DoorDash or AmazonEats…in fact, most of my friends interchangeably use all of these apps & have no strong preference for one over the other because they all do the same thing.
any ideas? i’m very interested to know!
thanks you RSS link