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the main problem is the unit economics that don't work for Uber or Lyft, if the subsidies stop they will be the same price or more than Taxis.
by elmar 10y ago
the main problem is the unit economics that don't work for Uber or Lyft, if the subsidies stop they will be the same price or more than Taxis.
- seppin 10y agothen they are a premium car service again, one that people would gladly pay for. just no 50b valuations
- deleted 10y ago[deleted]
- hueving 10y agoI wouldn't pay for it. I (and most of the US) don't have the money to blow $50 each way to the airport for a vacation. Assuming Uber/Lyft on both ends, that's $200 in airport transportation which is nearly the cost of the airfare to fly a thousand miles round trip.
- Viper007Bond 10y agoWell it's not like a taxi is free in comparison.
- easytiger 10y agoYou don't know much about London. $100 fares from Heathrow to z1 are pretty normal.
- vertex-four 10y agoWhy would you take a taxi that far? Heathrow has plenty of public transport services.
- hueving 10y agoMost people aren't rich enough to live in or visit London that frequently.
- spullara 10y agoi will basically never get into a taxi again unless it is passing by and stops for me just as i need it. the price difference, if there is one, will not be a compelling reason to switch back.
- wtvanhest 10y agoThe unit economics work at a much, much smaller market size.
- arjie 10y agoYeah, but they beat taxis on service. Ubers are computer dispatched, on-time, and give me pre-ride fare calculation. When pooling they give me guaranteed arrival times. I'm not going to use some half-assed taxi service for the same price, because I don't need the agita. Whatever their company culture problems, I have found the service superb.