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To the contrary, there's huge barriers to entry in every two-sided marketplace. To retain drivers, Uber needs many passengers; and to attract passengers, they n
by sebleon 10y ago
To the contrary, there's huge barriers to entry in every two-sided marketplace. To retain drivers, Uber needs many passengers; and to attract passengers, they need many drivers to keep wait times low. If you don't believe me, ask Sidecar.
In an autonomous-car world, there's going to be huge initial capital costs to buy the fleet.
- Mikeb85 10y ago> In an autonomous-car world, there's going to be huge initial capital costs to buy the fleet. Yes and no. It'll be easy to get debt to pay for something with an obviously high return on capital.
- kbart 10y agoDon't forget that they compete against traditional taxis too. For example, in my town pretty much anyone can buy a taxi license even with a single car, get a tablet with SIM card to receive orders, pay some amount to centralized call center that serves many local companies 24/7 and also provides a user app (which I like better than Uber due to it's simplicity).
- r00fus 10y agoWhat's the app?
- kbart 10y agohttps://play.google.com/store/apps/details?id=lt.etaksi.android&hl=en https://play.google.com/store/apps/details?id=lt.etaksi.andr... But it's local, only useful to few towns in Lithuania. Still worth taking a look at to see how simple and functional app should be done.