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kleinbl00 · 3055 days ago · link · · parent · post: Google to Uber: "Oh, you wanna see what weaponized cash looks like?"
I did an NDA executives-only conference for one of the big media companies. They had a former VP of video from Google who had recently bumped over to Netflix. He made the point that most people think Google's business model is to find a place where they can do things more efficiently, when in fact Google's business model is to find places where they can eliminate all profit for everyone else and assume a monopoly whereby they're eking out such a small profit, percentage-wise, that nobody ever bothers to challenge them again. They have every chance of doing to Uber what they did to Mapquest.