Sounds like vc money has found another industry to come into and kill thousands of mom and pop businesses. As this process continues, massive investments to take over every industry by using efficiencies of scale, will there be any room left for the lower class entrepreneurs?
Sounds like they disrupted a terribly inefficient market to the end benefit of ordinary consumers who get a better product - market dynamics in action.
except for the fact that one-to-one face-to-face customer service does not scale. So if a key value proposition of your mom and pop biz is such customer service, then I'd say you're fairly safe for the near/medium term.
Why are mom and pop businesses better than those who buy or sell/cut hair? Shame on you for objectively deciding one group of people is better than another.
