AT&T tried content plus pipes when it bought Time Warner. Verizon tried content plus pipes when it bought AOL and Yahoo, and, hell, AOL tried content plus pipes when it bought Time Warner in the early 2000s. You might notice a trend here — all of those deals ended in disaster.
It's where all the value in space truly lies. But in order to exploit that value to the fullest, you need a few other things. The first thing is unfettered access to space. So you need your own launch.
The most dangerous thing that could happen to Uber is if one of the AV companies actually decided that they wanted to be a ride-sharing company, that they wanted to own the consumer relationship and own the driver relationship. Because then you'd have a competitor with a superior technology and they decided to go vertical.
1mo ago
Underscored — save the words that stop you in your tracks.
