2. Describe Uber
Uber is a fast and simple way to get from point A to B.
It is the modern day taxi, but operates on a more advanced scale.
It’s convenient for those who do not have means of transportation.
3. Facts
Uber was once known as UberCab.
It started in the streets of San Francisco.
Uber launched in New York City in May 2011.
Uber expanded internationally to Paris, France in December 2011.
4. What industry/market did Uber’s
service impact?
Uber’s rise has led to massive demonstrations by taxi drivers.
Courts have banned or restricted Uber’s services for participating in unfair
competition with regular taxis.
5. How has Uber impacted the market it
has entered?
While other ridesharing online platforms such as Lyft and Sidecar use
similar business models, Uber is the center of the debate due to its size
and rapid growth worldwide.
In December, Uber was valued at $68 billion, having taken just 6 years to
surpass the valuation of 100-year-old companies like General Motors and
Ford, as well as “traditional” transportation companies like Hertz and Avis.
6. Would you say that Uber was a
disruptive technology?
Uber is definitely a disruptive technology due to the fact that they intruded
the taxi industry and outshine each and every competitor they have.
Taxi businesses lost value and profit due to the consistent business of
Uber.
7. Continued..
Former TLC Commissioner Matthew Daus says we haven't had such a
profound revolution since Henry Ford created the Model T.
This statement alone, supports the justification of how groundbreaking
this disruptive technology is.
10. Description and Facts about Snap Chat
Snap chat is a simple way to send live video streams of what you are
doing at that particular point in time.
Snap chat also gives you features such as communicating in chats with
other users and watching news coverage and blogs.
11. Continued..
Before Snap Chat was known as such, it was formerly known as Pictaboo.
Picaboo launched in July of 2011 and by the end of the summer it only had
127 users.
12. Describing the Ceo
Evan Spiegel is a very intelligent man that broke the social media barriers
for introducing an app that allows everything to disappear after a certain
amount of time.
He is very creative for constructing such an innovative way to
communicate with everyone around the world.
13. History of Evan Spiegel
He grew up in Pacific Palisades, California.
He attended the Crossroads School for Arts and Sciences in Santa Monica.
He attended college at Stanford University.
Evan Spiegel walked out of class and dropped out of Stanford once money
started rolling in.
14. What industry did they impact?
Snap Chat impacted various social networking applications such as,
Facebook, Instagram, Twitter, etc.
Many people gravitated towards Snap Chat because of the disappearing of
the pictures and videos, the creative and unique formatting of the app, and
the many features it contains.
15. Incumbent technology
This technology is ideal for celebrities, regular every day living people,
news stations, blogs, etc.
Snap chat is just appropriately convenient for anyone that is familiar with
the simple functions of social networking of any kind.
It allows everyone to connect within an instant.
16. Why do I see this as a disruptive
technology?
This is a disruptive technology because it is the only application of its
caliber. There is no other app out that gives you the same features.
Snap chat also had a lot of social networks trying to mimic some of their
new features.
17. Was this disruptive technology
successful?
Yes because it offered what competitors do not, such as decreased
censorship, maintained privacy, increased engagement, and safe means of
communication.
18. Continued..
Snap chat is the world’s third most highly valued start-up, behind Xiaomi
and Uber.
Snap Chat’s valuation is projected to reach heights such as $19 Billion.
19. Did this disruptive technology lead to
any future innovations?
There has not been a social media app of its distinct caliber, so we have yet
to see any future innovations.
