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But this was done globally though. 'Software company, Not a taxi company' argument was used extensively to circumvent license and medallion regulations. On top
by kamaal 9y ago
But this was done globally though.
'Software company, Not a taxi company' argument was used extensively to circumvent license and medallion regulations. On top of it they used VC money to drive down the prices by 4x-5x.
Several tens of thousands of drivers in every state in every country they went to got shafted because of these moves.
So yes he was very brutal and ruthless upfront. You can't replace that kind of human quality easily.
- wbl 9y agoDrivers didn't get shafted. Medallion owners did.
- kamaal 9y agoDrivers did get shafted. Imagine if tomorrow somebody comes with some model which flushes 10x the current number of programmers into the market. Your wages will dilute to a point it will be hard for you to make a decent living.
- wbl 9y agoMedallion owners charged huge amounts of rent from drivers. The barrier to entry wasn't on the driver side.