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Exactly. The only thing that keeps me coming back to Uber is their lower cost. And sometimes when $COMPANY is paying I don't even care about that. If I'm at a t

Exactly. The only thing that keeps me coming back to Uber is their lower cost. And sometimes when $COMPANY is paying I don't even care about that. If I'm at a taxi stand why not take the taxi in front of me. In economic terms the switching cost for the consumer is low. Really low. I'm not locked in and Uber is not Amazon that is spending their runway on capital investment. They're spending their capital on paying drivers who will leave once they start getting paid more somewhere else. The best bet for Uber right now would be to close up shop, return the money to their investors, and cease business.

djsumdog 9y ago
> The best bet for Uber right now would be to close up shop, return the money to their investors, and cease business. That's kinda funny. I'm sure you know it will never happen. We're talking about billions in countries all over the world. Get out of an Airport in London, Melbourne, Auckland, Atlanta, Vegas .. you can get an Uber. That combined with their questionable ethical track record (which I don't think has really turned around since they symbolically hired Eric Holder's company to do damage control). If Uber does fail, it will do it gloriously and colossally.