Is "Uber for parking" a good business idea?
The Idea
"Uber for parking"
Roasted by
34
/100
TERRIBLE
Verdict
The two-sided marketplace for parking has been tried and failed three times.
Supply Acquisition
Supply will not join a marketplace without guaranteed demand. Demand will not come without supply.
Unit Economics
The rake that makes you profitable drives supply to build their own direct channel.
Local Density
This only works when you dominate a single city. You cannot afford to dominate one.
Hall of Shame
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