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That's the thing - without the artificial entry barriers like medallions, if they do that then a competitor like Lyft can show up and undercut them very quickly
by brazzy 9y ago
That's the thing - without the artificial entry barriers like medallions, if they do that then a competitor like Lyft can show up and undercut them very quickly.
- abalashov 9y agoWell. Sort of. I wouldn't underestimate the complexity of all the logistics and automation required to deliver this consistently, reliably, and at a large scale, not to mention network effects, market saturation, getting to critical mass, etc.
- criddell 9y agoIt's not getting any harder though.