Is the Sharing Economy a SHAM?

https://brilliant.org/TwoCents/

Many of the billion dollar tech companies we use every day still haven't figured out how to make money... what's the deal?

sources:
https://www.gobankingrates.com/money/business/famous-companies-arent-profitable/
https://techcrunch.com/2019/03/26/unicorns-arent-profitable-wall-street-doesnt-care/
https://www.vox.com/2019/3/21/18274843/unprofitable-tech-unicorn-ipo-stock-market-profit
https://www.cnbc.com/2018/08/29/no-profits-no-problem-the-economy-has-a-growing-appetite-for-unprofitable-companies.html
https://www.forbes.com/sites/joellitman/2021/03/04/wall-street-wrong-again-goldmans-non-profitable-tech-index-is-not-vindicated-by-volatility/?sh=48cd945543dd
https://news.crunchbase.com/news/ipo-startups-revenue-profit-airbnb-snowflake-palantir-doordash/
https://hbr.org/2016/04/blitzscaling
https://www.nytimes.com/article/uber-lyft-surge.html
https://www.curbed.com/2021/06/uber-lyft-expensive-new-york-city.html
https://slate.com/technology/2021/06/uber-prices-lyft-surges.html
https://www.refinery29.com/en-us/2021/07/10553126/why-uber-fares-expensive-profit-millennials
https://www.washingtonpost.com/technology/2021/06/09/uber-lyft-drivers-price-hike/
https://americanaffairsjournal.org/2019/05/ubers-path-of-destruction/
https://www.nytimes.com/2018/05/16/technology/moviepass-economy-startups.html
https://www.theverge.com/2019/2/6/18214331/spotify-earnings-financial-announcement-profits-music-streaming-podcast
https://www.investopedia.com/how-amazon-makes-money-4587523
https://www.foodandwine.com/news/delivery-app-prices-higher-fees-2021-pandemic
https://www.wired.co.uk/article/why-is-uber-losing-money-analysis
https://www.cnbc.com/2021/02/10/uber-earnings-q4-2020-.html#:~:text=to%20%241.1%20billion.-,For%20all%20of%202020%2C%20Uber's%20net%20losses%20amounted%20to%20%246.77,50%25%20from%20a%20year%20ago.
https://www.businessinsider.com/tech-companies-worth-billions-unprofitable-tesla-uber-snap-2019-11
https://9to5mac.com/2021/02/03/spotify-paid-subscribers-hit-155m/
https://qz.com/987559/charted-amazons-amzn-profitless-path-to-world-domination-over-the-past-20-years/
https://www.cnbc.com/2021/02/10/uber-earnings-q4-2020-.html
https://www.nytimes.com/2021/06/08/technology/farewell-millennial-lifestyle-subsidy.html
https://www.vice.com/en/article/xgxqja/uber-admits-that-workers-make-less-than-minimum-wage-in-australia

Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson, AFC®
Directors: Katie Graham & Andrew Matthews
Written by: Andrew Matthews
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