Profit from disruption
Finance expert Aswath Damodaran has argued that disruption is easy but making money out of it is difficult, and that ride-sharing companies have not found a way to convert revenue into profit
Ride-sharing companies have grown at a phenomenal pace globally in recent years and have disrupted the taxi business. Consumers are benefiting from this, gaining from discounted rides as companies focus on growth and market share. But there is another aspect to this—will investors in these companies make any money, given the current business model?