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I previously did NOT use cabs in Austin. I had 2 bad experiences and just never tried again. Over the last year since I have relied on Uber so heavily I have ac
by dopamean 11y ago
I previously did NOT use cabs in Austin. I had 2 bad experiences and just never tried again. Over the last year since I have relied on Uber so heavily I have actually sold my car. I still have a motorcycle and I use it for most short trips weather permitting. But if the weather is bad or I need to carry something with me that wont fit on the bike I use Uber.
- toomuchtodo 11y agoMy argument is that you're an abnormality. Have kids? Have pets? (Can you even get a child seat for use in an Uber) Not selling your car and using Uber for all your transportation needs. Its a solution for 20 something singles. That's not a terribly huge market, and definitely not one worth billions of dollars.
- argonaut 11y agoTotally missing the forest for the trees. Uber has billions in revenue, so just on that alone the idea that the market is not worth billions is false. Furthermore, they said the same things (20 something singles) about Facebook. Now my parents are on Facebook. The key is that Uber has the potential to change market behavior. Well, more than just the potential - it is changing some market behavior, as evidenced by this anecdote. The potential is that it has to potential to change the transportation spending habits of many more people.
- toomuchtodo 11y agoCouple things: Transportation is going to change regardless. Electric self-driving cars are going to be manufactured by several companies, perhaps operated by those same companies (or leased to others). Why would Google provide its tech to Uber when Google already has access to the market through Google Maps? Why would Tesla provide its self-driving cars to Uber when it could build them and sell ridesharing directly (which Elon has specifically indicated he wants to do by his response to said questions during investor calls). Uber is just an app, no more, no less. The Gorillas are the tech companies doing the real work.