The new economy may not be taking us to a brighter future
Much like the 'dot-com' bubble that burst in 2000, when analysts ignored the cash flow of the early internet businesses, companies like Uber, Airbnb, and even Amazon are vulnerable. And we in Canada will not be immune.
OTTAWA—In the wake of Black Friday and Cyber Monday, a confession: I have never set foot in a Walmart in my life. I have never paid for an Uber. I have never stayed in an Airbnb. I prefer Canadian Tire, taxis, and hotels.
I know the reaction this will get: “OK, Boomer.”
But I felt somewhat j...
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