You're conflating two things - the low rate paid by the riders and the rate paid to the drivers. As long as the drivers are getting paid well, whether it be fr

You're conflating two things - the low rate paid by the riders and the rate paid to the drivers. As long as the drivers are getting paid well, whether it be from fares paid by riders or by VC subsidies, it will attract "quality" cars and drivers. A separate issue is the sustainability of subsidizing driver wages from VCs by keeping rider fares artificially low.