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Google cache link: https://webcache.googleusercontent.com/search?q=cache:j_-ohhPT18AJ:https://nealmueller.com/uber/&num=1&hl=en&gl=in&strip=1&vwsrc=0 https://w

Google cache link: https://webcache.googleusercontent.com/search?q=cache:j_-ohhPT18AJ:https://nealmueller.com/uber/&num=1&hl=en&gl=in&strip=1&vwsrc=0 https://webcache.googleusercontent.com/search?q=cache:j_-ohh... Uber actually loses money on each ride. So I don't think the same analysis be hold long term, especially when the company starts to raise its prices. WSJ recently wrote an article on how it was possible to live in SV for free thanks to the VC fueled economy. They gave example of a guy who financed his Mini Cooper using startup deals, which I think is a better deal than subsidized rides ;) https://www.wsj.com/articles/how-to-live-in-san-francisco-without-spending-any-money-1525029628 https://www.wsj.com/articles/how-to-live-in-san-francisco-wi... Archive link: https://archive.fo/PWVnU https://archive.fo/PWVnU

onion2k 8y ago
Uber actually loses money on each ride. This is only true if you're using referral credit. In well established markets (eg San Francisco) very few rides are subsidized, and Uber makes a healthy profit.
- martinald 8y ago
  Not entirely sure about that, they have very extreme driver turnover and are constantly offering very expensive incentives to drivers. I wouldn't be surprised if they are somewhat profitable in established markets but I'm not sure if it's 'healthy'.
  - jryle80 8y ago
    For which companies are those driver driving post-Uber? There aren't many choices, SF specifically. Talking about turnover. Any ideas how that's for Uber compared to Lyft et al.?
nealmueller 8y ago
Hi, I'm Neal, author of this analysis. I bumped up my GCP instances so it should work now. Thanks for sharing the static links.