Winners and Losers In The Last-Second Economy – Forbes

Winners and Losers In The Last-Second Economy – Forbes. – James Slavet, a partner at venture capital firm Greylock 

“The very best of these apps will occupy permanent real estate on consumers’ phones, and will have high repeat usage. They’ll have your credit card on file, and you’ll be able to book with addictive ease. The best will deliver experiences that deliver utility (my ride shows up on time) with just the right sprinkling of magic (my favorite Pandora station is already playing when I open the car door). These apps will each be a form of vertical wallet in key areas for the consumer, including gifting, ticketing and live entertainment, transportation, dining and others. The startups that succeed will have capabilities that extend beyond pure front-end software development, including logistics, inventory optimization and distributed workforce management.”

 

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