4 ms·
This 'paper' relies on some very flawed assumptions and hence have no basis in reality. Ridesharing services like Uber aim to be cheaper than car ownership, wh
by HappyTypist 11y ago
This 'paper' relies on some very flawed assumptions and hence have no basis in reality.
Ridesharing services like Uber aim to be cheaper than car ownership, while being as reliable as running water. Many people are finding that once they add up all their vehicle costs (maintenance, depreciation, parking, registration, fuel), uberPOOL or even uberX is cheaper than owning a car. Plus, you get to work or relax on the ride instead of focusing on the road. How much is your time worth?
Assuming that only 10% is willing to pay less for a superior experience is absurd. Once you change it to a more realistic figure of a third to a quarter, the conclusions fall apart.
- brudgers 11y agoI think the author is using "ride sharing" more in the sense of car pooling for commuting rather than as a substitute for taxi cab and similar services where the rider hires the driver.
- HappyTypist 11y ago'Ridesharing apps' is a commute option. I use Uber + public transport for commuting and getting around everywhere. I don't have a car, and I know many people in the same boat.
- brudgers 11y agoThe reason that I think the author is not using "ride sharing app" in your sense is that the author concludes that such apps will not pencil out to cash on cash returns attractive to Valley Venture Capital. If we assume that the author has at least half a clue, then the author could not reasonably be assumed to include Uber or Lyft type apps in their definition of "ride sharing app". If the author is without a clue, then probably the article should be flagged.