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At least from my reading of the tweet, he appears to be saying that a cooperatively owned version could exist, not making a prediction that it will, and will wi
by confounded 9y ago
At least from my reading of the tweet, he appears to be saying that a cooperatively owned version could exist, not making a prediction that it will, and will win the cab wars because of innate properties of cooperatives.
I understand your questions are probably rhetorical, but
> Ultimately, a driver-owned co-op sounds great, but where would the money come from?
I could imagine banks and governments being interested in funding a good proposal.
> Would drivers be willing to take home less for share of the company?
I’m not sure if they would need to take home less. But, being a driver is a more enterprising job than you might imagine. Most drivers work for themselves, and commonly minicab companies in London are put together by (ex) drivers clubbing together. Even drivers who have only worked for Uber have to think relatively in a relatively entrepreneurial fashion to make it work for them.
> Would riders be willing to pay more knowing that it was a "good" company?
If the rest of the consumer-facing economy is anything to go by, the answer is quite possibly yes.
Organic food, fair trade, paying a premium for domestic manufacture etc. are all doing rather well (though of course, cheap stuff made by monopolies will do better).
I think a large part of the reason Lyft exist (also VC funded and subsidized!) is that they’re less toxic than Uber, and pay drivers slightly more.