Uber and Airbnb Subsidised Prices

I miss the good old days when Uber and Airbnb were private companies that subsidised customer prices at the expense of VCs

A tweet nostalgically describes the period when Uber and Airbnb were private companies that kept customer prices low by spending venture capital. The joke is that customers benefited from investor-funded subsidies, while the companies later became more focused on profitability and higher prices. It is used as a sarcastic reaction to expensive rides, rentals, or the end of startup subsidies.

• @jemalloc / 1101 2023-02-19