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But when customers leave in droves, they can respond by reducing infrastructure and doing layoffs, and then they'll probably still be profitable. With Uber, I
by jrs95 9y ago
But when customers leave in droves, they can respond by reducing infrastructure and doing layoffs, and then they'll probably still be profitable.
With Uber, I think there is some degree of loyalty just because of the ubiquity and convenience. Plus, I imagine their prices will be more or less the same as a taxi since they don't have the expense of dealing with the regulatory overhead (since they just blatantly ignore the law instead)
- eric_h 9y ago> (since they just blatantly ignore the law instead) This is not true for all markets in which Uber operates - in NYC for example, uber cars are all registered with the TLC.