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You mean like Oracle, and Microsoft? Taking a small % of every cab transaction, sounds like a billion dollar business to me. Right now the only thing Uber is do

You mean like Oracle, and Microsoft? Taking a small % of every cab transaction, sounds like a billion dollar business to me. Right now the only thing Uber is doing is spending more money than it makes.

gberger 9y ago
Right now they take a large % of every cab transaction (done on their platform).
- overcast 9y ago
  Right now they take nothing, since all they are doing is subsidizing the majority of the fare with VC money.