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>Uber is a bad investment. There is no barrier to entry in ride sharing. Uber's size is only a benefit for drawing in tourists from other cities, each market i
by unabridged 10y ago
>Uber is a bad investment. There is no barrier to entry in ride sharing.
Uber's size is only a benefit for drawing in tourists from other cities, each market is a separate battleground and you only need to beat Uber in your local market. And what prevents some city from setting up its own government sanctioned/required ride sharing market & app.
- jonknee 10y ago> And what prevents some city from setting up its own government sanctioned/required ride sharing market & app. That's essentially what taxis are and they are (in the US at least) almost universally awful.