3 ms·

As usual, Uber throwing money at people to clean up after their mess. Where is this money coming from? You. Stop. Using. Uber.

chronic193 9y ago
> Where is this money coming from? You. > Stop. Using. Uber. No, I will not stop using Uber. If you have a problem with them, feel free to stop using Uber. I have no problems with the company or service so I, like the millions of other riders/drivers, will continue using Uber.
- dvdhnt 9y ago
  Your comment was needless and contributed nothing to the parent comment. Then again, you knew that, demonstrated by you making a brand new throw away account just to make your overly aggressive comment. Not sure if you were afraid of the downvotes or having your true feelings connected with your identity - as if anyone would care. Either way, quite the cowardly move.
  - Dylan16807 9y ago
    Bah, it's no more useless than the comment it was replying to.
    - jacquesm 9y ago
      Actually, the comment it was replying to was made by someone who apparently works for Uber. That a person working for Uber uses Uber seems to be rather less than informative.
  - chipperyman573 9y ago
    Your reply is a strawman argument, nothing more.
- whathaschanged 9y ago
  My 2 largest complaints are equally valid for Uber and Lyft. 1)if a driver accepts my fare and then tries calling me to weasel my destination out of me so he can choose whether or not to actually pick me up, my choices are to cancel on him, wait until he gives up hope, or use the compeitor. In all three cases, I am denied the option to rate this driver as we never actually took a trip together. It's a shitty experience that allows these drivers to go unpunished. 2)if my driver is driving in an unsafe manner, i am stuck with them until my destination or have to make them pull over somewhere and sit alone in an unsafe location and wait for another ride. These two items make both services terribly unreliable for those of us who don't live in the big cities. And even then, cancelling on a particular driver or hailing from a competitor usually leaves you with the exact same driver accepting your request over and over. There is no way to block drivers. And even if there was, there is no way for my fellow riders to know they should block these drivers.
  - icebraining 9y ago
    What does "wait until he gives up hope" mean? Do they cancel the ride? Btw, have you tried contacting Uber regarding those drivers? Not that I'd be surprised if they ignored you, just curious.
    - alehul 9y ago
      I can only speak for Uber, but in my experiences they're extremely pro-consumer if nothing else good. When I've reported drivers for rude behavior, I've been swiftly refunded for my ride, and in cases where a driver has requested I cancel it from my end, I've filed a report and received an apology along with any money lost from a cancellation fee. It may be a case like Amazon where it's easier to refund riders and move on than actually remove the driver (or remove counterfeit products in Amazon's case), however, similar to Amazon, I must admit that I nonetheless feel defended by the company in these situations.
    - vkou 9y ago
      I called a Lyft. I waited for 8 minutes, the driver rode right past me (As I was waving my phone), turned, and stopped three blocks over. (It was perfectly safe to stop and pick up on my street.) After waiting for 5 minutes, I cancelled the ride, and was charged a fee. I walked half a block to the arterial, and hailed a taxi in two minutes.
Simon_says 9y ago
Isn't Uber currently losing money? I think the money for this is coming from VC firms.
- maxxxxx 9y ago
  Who take money from our pension funds for example.
  - maneesh 9y ago
    they also create wealth by investing in new services. Money creates money, it's not a scarcity resource
    - fmoney 9y ago
      > Money creates money, it's not a scarcity resource Feds create money, in the US. > they also create wealth by investing in new services. Wealth for themselves? Wow, isn't that great for me?
      - partycoder 9y ago
        Technically speaking, it is the Bureau of Engraving and Printing from the Department of the Treasury creates the one executing the order of creating the physical currency. The Fed helps determining the money supply and distributing the resulting money (please correct me if I am wrong here). However that's just the physical money. In practice, because of fractional reserve banking, banks create money by being allowed to loan more money than they have in their vaults.
  - Simon_says 9y ago
    Not mine. If you're not happy with your pension fund's investment strategy, maybe you should take that up with them.
    - maxxxxx 9y ago
      My point was that VCs are not heroic risk takers that invest their own money but often invest other people's money and live off the fees.
TomK32 9y ago
And the 11 billion invested. Luckily that money is burned at a breath-taking rate and we can see the closing of Uber sooner than later.
- partycoder 9y ago
  It is true that significant part of that money comes from investors. However it is expected to ultimately be self-sustaining and come from you.
  - icebraining 9y ago
    Is it expected? It probably was, when the money was first invested. Now their expectations are irrelevant. In my area, there's already another competitor (Cabify), plus taxis, who are not significantly more expensive. Uber doesn't have a chance of raising their prices to cover that. I'm hoping they last just enough for another competitor to appear, and that they'll crash and burn afterwards.
GoatOfAplomb 9y ago
Isn't Uber losing money on every ride?
- DrScump 9y ago
  yes, but they'll make it up in volume. /s
- deleted 9y ago
  [deleted]
- jeffdavis 9y ago
  They aren't a charity. Either they are making money from the ride, or they are using your choice of uber as a way to attract more investment.
  - Dylan16807 9y ago
    They're not a charity, but they can easily be wrong. Companies go out of business all the time.
- briankelly 9y ago
  Think that depends on the area. I imagine they're not in most big US cities at least.

chronic193 9y ago

> Where is this money coming from? You. > Stop. Using. Uber. No, I will not stop using Uber. If you have a problem with them, feel free to stop using Uber. I have no problems with the company or service so I, like the millions of other riders/drivers, will continue using Uber.

dvdhnt 9y ago
Your comment was needless and contributed nothing to the parent comment. Then again, you knew that, demonstrated by you making a brand new throw away account just to make your overly aggressive comment. Not sure if you were afraid of the downvotes or having your true feelings connected with your identity - as if anyone would care. Either way, quite the cowardly move.
- Dylan16807 9y ago
  Bah, it's no more useless than the comment it was replying to.
  - jacquesm 9y ago
    Actually, the comment it was replying to was made by someone who apparently works for Uber. That a person working for Uber uses Uber seems to be rather less than informative.
- chipperyman573 9y ago
  Your reply is a strawman argument, nothing more.
whathaschanged 9y ago
My 2 largest complaints are equally valid for Uber and Lyft. 1)if a driver accepts my fare and then tries calling me to weasel my destination out of me so he can choose whether or not to actually pick me up, my choices are to cancel on him, wait until he gives up hope, or use the compeitor. In all three cases, I am denied the option to rate this driver as we never actually took a trip together. It's a shitty experience that allows these drivers to go unpunished. 2)if my driver is driving in an unsafe manner, i am stuck with them until my destination or have to make them pull over somewhere and sit alone in an unsafe location and wait for another ride. These two items make both services terribly unreliable for those of us who don't live in the big cities. And even then, cancelling on a particular driver or hailing from a competitor usually leaves you with the exact same driver accepting your request over and over. There is no way to block drivers. And even if there was, there is no way for my fellow riders to know they should block these drivers.
- icebraining 9y ago
  What does "wait until he gives up hope" mean? Do they cancel the ride? Btw, have you tried contacting Uber regarding those drivers? Not that I'd be surprised if they ignored you, just curious.
  - alehul 9y ago
    I can only speak for Uber, but in my experiences they're extremely pro-consumer if nothing else good. When I've reported drivers for rude behavior, I've been swiftly refunded for my ride, and in cases where a driver has requested I cancel it from my end, I've filed a report and received an apology along with any money lost from a cancellation fee. It may be a case like Amazon where it's easier to refund riders and move on than actually remove the driver (or remove counterfeit products in Amazon's case), however, similar to Amazon, I must admit that I nonetheless feel defended by the company in these situations.
  - vkou 9y ago
    I called a Lyft. I waited for 8 minutes, the driver rode right past me (As I was waving my phone), turned, and stopped three blocks over. (It was perfectly safe to stop and pick up on my street.) After waiting for 5 minutes, I cancelled the ride, and was charged a fee. I walked half a block to the arterial, and hailed a taxi in two minutes.

Simon_says 9y ago

Isn't Uber currently losing money? I think the money for this is coming from VC firms.

maxxxxx 9y ago
Who take money from our pension funds for example.
- maneesh 9y ago
  they also create wealth by investing in new services. Money creates money, it's not a scarcity resource
  - fmoney 9y ago
    > Money creates money, it's not a scarcity resource Feds create money, in the US. > they also create wealth by investing in new services. Wealth for themselves? Wow, isn't that great for me?
    - partycoder 9y ago
      Technically speaking, it is the Bureau of Engraving and Printing from the Department of the Treasury creates the one executing the order of creating the physical currency. The Fed helps determining the money supply and distributing the resulting money (please correct me if I am wrong here). However that's just the physical money. In practice, because of fractional reserve banking, banks create money by being allowed to loan more money than they have in their vaults.
- Simon_says 9y ago
  Not mine. If you're not happy with your pension fund's investment strategy, maybe you should take that up with them.
  - maxxxxx 9y ago
    My point was that VCs are not heroic risk takers that invest their own money but often invest other people's money and live off the fees.

TomK32 9y ago

And the 11 billion invested. Luckily that money is burned at a breath-taking rate and we can see the closing of Uber sooner than later.

partycoder 9y ago
It is true that significant part of that money comes from investors. However it is expected to ultimately be self-sustaining and come from you.
- icebraining 9y ago
  Is it expected? It probably was, when the money was first invested. Now their expectations are irrelevant. In my area, there's already another competitor (Cabify), plus taxis, who are not significantly more expensive. Uber doesn't have a chance of raising their prices to cover that. I'm hoping they last just enough for another competitor to appear, and that they'll crash and burn afterwards.

GoatOfAplomb 9y ago

Isn't Uber losing money on every ride?

DrScump 9y ago
yes, but they'll make it up in volume. /s
deleted 9y ago
[deleted]
jeffdavis 9y ago
They aren't a charity. Either they are making money from the ride, or they are using your choice of uber as a way to attract more investment.
- Dylan16807 9y ago
  They're not a charity, but they can easily be wrong. Companies go out of business all the time.
briankelly 9y ago
Think that depends on the area. I imagine they're not in most big US cities at least.