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There's no lock in, because Uber failed in the most important category of their business - true ride sharing, a business with strong network effect, while other
by petra 10y ago
There's no lock in, because Uber failed in the most important category of their business - true ride sharing, a business with strong network effect, while others(ridewithvia, ford chariot) are already succeeding with true, high-density ride-sharing, with others companies(moovex, mercedes, ..) are working on their own service.
And chariot i think started in 2014, so Uber is very slow to respond, not sure why.
- pfarnsworth 10y agoChariot is doing exactly the same thing as Uber, ie. subsidizing all the rides to get a low price. But they don't have the same network effects, they will go out of business soon.
- petra 10y agoBut chariot has network effects:more passengers = Fuller vehicles + shorter routes = lower costs and lower trip times. And I'm sure Ford did the math, they're not some VC with free money.