Illustration: Mica Warren

Daredevil Startups Are Finally Exposed for What They Are

Why the flimsy business models of Uber, Airbnb, and ClassPass are starting to crack under pressure.

Steve LeVine
Published in
12 min readMay 5, 2020

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Giuseppe Badalamenti, a pizzeria consultant outside Chicago, was flipping through the invoices of a particularly troubled client when a March statement from Grubhub, the food order-and-delivery app, made…

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Steve LeVine
Writer for

Editor at Large, Medium, covering the turbulence all around us, electric vehicles, batteries, social trends. Writing The Mobilist. Ex-Axios, Quartz, WSJ, NYT.