The numbers, as reported by JP Mangalindan for Fortune, are staggering:
The San Francisco Cab Drivers Association (SFCDA), an association for registered taxi drivers that promotes fair working conditions and business practice, reports that one-third of the 8,500 or so taxi drivers in San Francisco – over 2,800 – have ditched driving a registered cab in the last 12 months to drive for a private transportation startup like Uber, Lyft or Sidecar instead.
Read that again. One-third. Twelve months. We tend to throw around the term “disruption” way too often these days, basically stripping it of all meaning. But this is actual disruption. And it’s disruption in such a short amount of time that it can truly be felt by all.
New industries are created by entrepreneurs who don’t necessarily have subject matter expertise when they get started, yet they are still responsible for most of the innovation we see in society. We should celebrate these entrepreneurs, not pillory them for fighting entrenched incumbent industries that have political influence and money.
Vinod Khosla, Founder of Khosla Ventures and Sun Microsystems
In response to 60-minutes feature on state of cleantech