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Is being a super-lux Taxi service (or even a Lux taxi service) going to get Uber the kind of valuation that's now being touted? I don't doubt that there are so
by kristianc 9y ago
Is being a super-lux Taxi service (or even a Lux taxi service) going to get Uber the kind of valuation that's now being touted?
I don't doubt that there are some people who will go for it, and I'm sure Immelt would run that business very well, but it doesn't strike me as a multiple billion dollar offer...
We kind of are hitting on Uber's core problem here though. "Profitability" would seem to involve either involve removing the drivers from the equation or hiking the price.
Removing the drivers is really hard. Hiking the price is easy but massively cuts Uber's appeal and cedes the low end to Lyft/Gett.