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I love the idea of Uber and what it did to urban commuting, around the world and especially where I live (South India, where private transport for hire was mono
by roystonvassey 10y ago
I love the idea of Uber and what it did to urban commuting, around the world and especially where I live (South India, where private transport for hire was monopolised by auto-rickshaws).
But, I definitely think the execution could've been a lot better. Sure, be aggressive with pricing, influencing public policy and marketing but to persist with it and taking it beyond subtlety is a silly, distracting move. By going the other extreme in curbing monopolies, they have alienated hard-working drivers who are feeling the heat now. Drivers tell me they work longer hours for lower payouts. Many of them are unable to make enough to pay back loans taken out to purchase their cars.
I'm not sure if this was due to demands imposed by investors on aggressive expansion and growth or if it's something that Uber consciously chose to do. Either way, I fear the worst and that this will be an another short-lived experiment.