> with a very low entry cost since anyone car develop the same software that you do now that it's been tested and proven
Cloning the current state of UBER is a really hard task. Anyone cloning them must invest in building brand, convincing drivers and building everything else. Not trivial and all + very expensive to do. UBER is much more than a few UI widgets in a native app. They have 8000 engineers. Do you think they sit all day around and play Doom?
> extremely highly regulated so you're highly dependent on government's good will
True, but they seem to get away with it in most countries. Many old businesses were unregulated for a time being 100 years ago.
> live in a world where competition is a religion
Still, close-to-monopolies exists. Google currently dominates search in world where competition is religion.
Cloning the current state of UBER is a really hard task. Anyone cloning them must invest in building brand, convincing drivers and building everything else. Not trivial and all + very expensive to do. UBER is much more than a few UI widgets in a native app. They have 8000 engineers. Do you think they sit all day around and play Doom?
> extremely highly regulated so you're highly dependent on government's good will
True, but they seem to get away with it in most countries. Many old businesses were unregulated for a time being 100 years ago.
> live in a world where competition is a religion
Still, close-to-monopolies exists. Google currently dominates search in world where competition is religion.