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>And wait time is a function of closest available driver not aggregate number of drivers. Which is proportional to the number of drivers. The lock in comes fr
by crdoconnor 11y ago
>And wait time is a function of closest available driver not aggregate number of drivers.
Which is proportional to the number of drivers.
The lock in comes from both directions. Wait time for drivers is a function of the closest available passenger which is proportional to the number of passengers on the platform.
There's a reason why investors are dumping silly amounts of money into Uber and it's not because of their innovative technology.
>Also, drivers have the option to work at other networks.
For now. I suspect that won't last long.
- tyingq 11y ago>>Also, drivers have the option to work at other networks. >For now. I suspect that won't last long. That would almost certainly change the driver from an independent contractor to an employee. I don't know if the Uber business model would survive that.
- crdoconnor 11y agohttp://money.cnn.com/2014/08/04/technology/uber-lyft/index.html http://money.cnn.com/2014/08/04/technology/uber-lyft/index.h... -- Uber don't seem to be aware.
- tyingq 11y agoInteresting. The specific IRS guidance that seems to be in conflict: "We also want to consider the availability of services. Are the worker’s services available to the market? ...Also, an independent contractor is generally free to seek out business opportunities."