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There's nothing about Uber's business model that says they have to be cheapest or have a monopoly. The only reason they choose not to do that is ambition (or gr
by kafkaesq 10y ago
There's nothing about Uber's business model that says they have to be cheapest or have a monopoly. The only reason they choose not to do that is ambition (or greed if you're being less generous to them).
Except that greed isn't just a complicating factor to their business model; it is their business model, basically. Or more specifically -- as has been widely noted by observers; and may even be present in their own statements -- the (perceived) paramount need to obtain a globally dominant market share -- or slip quickly into irrelevance.
It's even in their name, after all: über alles. And if a few rules need to be broken -- or employees' careers/and or personal lives severely hobbled along the way -- so be it.
† A position that historically has been difficult to obtain in similar service sectors, even locally, without corruption and/or a state-enforced monopoly. But for Uber, apparently, has become a life-or-death mission to attain.