MJ DeMarco
I followed the science; all I found was money.
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I laugh when I see these companies like Lawn Starter try to be the uber of lawn care and raise 17 million by calling themselves a tech company when they bring in 2.5m in sales after 8 years and being in 120 cities. What a stupid business model. Subbing out work = low customer retention. Being a middleman = lower margins. Their profit will be squeezed into nothing if advertising costs rise at all. We make a thousand per customer per year and we keep them. They make a hundred bucks per customer and lose them. It's easy to see who will be able to compete long term. Their tiny 2.5m in revenue will be us in 1 single city and only 35 employees bringing us nearly a mil in profit. I wonder what they are profiting on that 2.5m. We might be making more than them now. And we'll be there in less time than them too. Whatever happened to the scalability of tech companies?
Around 2007, i said something similar about Uber for ground transportation ... I was horribly wrong.
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