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I think the point OP is making is that Uber doesn't really own anything outside mindshare. The drivers are after all free agents. Once the VC money used to subs
by pawadu 9y ago
I think the point OP is making is that Uber doesn't really own anything outside mindshare. The drivers are after all free agents. Once the VC money used to subsidize rides dries out basically any company can challenge Uber.
Which is why Uber wants to cut their dependence on drivers by using self driving cars. Then they will actually own something (the technology) in addition to the mindshare.
- Semaphor 9y agoI just think that this will take possibly a very long time. Lyft wants to stay in the US and just partner with services in other countries. So new ones need to pop up and not suck (I tried a local South African one, besides no available drivers where I was, the app was absolutely horrible) AND manage to survive long enough to actually be a relevant service compared to uber.
- rtx 9y agoThey own the process knowledge to operate a Taxi company in 80 countries. Atleast what I have see in India they are beating OLA another competitor like Lyft.
- TheCoelacanth 9y agoI'm not really seeing how knowing how to sell two dollar bills for one dollar in 80 different countries is really all that valuable.
- rtx 9y agoBecause few people make four dollars in the same amount of time it takes for the exchange to happen. So they are choosing it for a different reason. It's possible you may not be seeing the value in the service they provide. But for me personally they are as revolutionary (execution) as Amazon and Facebook. To kill the any future competition they jut need to start a global loyalty program.