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Uber's business model is to create a monopoly on a variety of transportation services using VC cash to dump the market, drive out their competitors, and then ja
by alphonsegaston 10y ago
Uber's business model is to create a monopoly on a variety of transportation services using VC cash to dump the market, drive out their competitors, and then jack up prices:
https://en.wikipedia.org/wiki/Dumping_(pricing_policy) https://en.wikipedia.org/wiki/Dumping_(pricing_policy)
Here's the info about their subprime lending:
http://www.theverge.com/2016/6/3/11852940/uber-subprime-auto-loans-drivers-xchange http://www.theverge.com/2016/6/3/11852940/uber-subprime-auto...
- justinclift 10y agoInteresting, thanks. :)