The asset light model is best referenced by one that services a need like transportation allowing the user to benefit for the micro-service, no additional cost for the maintenance of the assets.
In today's economy when cost of car ownership, financing, insurance, etc the millennials are not buying cars, they are renting rides. Unfortunately there are limits to the renting of assets, one thing is commuting twice per week to the #coworking space. Another is renting the space or going on vacation to rent the #ABNB which has proven to be sometimes more expensive than a comparable hotel room across the US.
As such the market power and consolidation of #UBER and the competitor we tried recently #LYFT makes it the ridesharing a more resilient model. Ideas emerging for a portfolio!
In today's economy when cost of car ownership, financing, insurance, etc the millennials are not buying cars, they are renting rides. Unfortunately there are limits to the renting of assets, one thing is commuting twice per week to the #coworking space. Another is renting the space or going on vacation to rent the #ABNB which has proven to be sometimes more expensive than a comparable hotel room across the US.
As such the market power and consolidation of #UBER and the competitor we tried recently #LYFT makes it the ridesharing a more resilient model. Ideas emerging for a portfolio!