4 ms·

Fascinating that they mentioned taxi medallions as part of their market and benefits analysis, yet completely ignored regulatory hurdles... you gotta wonder if

• kartD 9y ago
  At that point they intended to be a taxi company, they actually got their current idea from... Lyft. They first tried to ligate and stop them and when they failed, they pivoted and out executed them
  • zzalpha 9y ago
    That would seem to only emphasize my point... if you're planning to be a taxi company, it would seem you'd be even more likely to fall afoul of regulations if you don't play by the rules designed to cover taxi companies. In short: I don't think your comment actually addresses my point. Again, they're basically silent on this topic in the deck, which might be accidental, but feels like an odd omission. If I read between the lines, it seems like they thought that because they avoid street hails, and because it was pitched as an invite-only service, somehow they puts them outside the existing regulatory structure. In hindsight, it's pretty clear that was at best a very naive assumption.