3 ms·
> There were plenty of startups that wanted to run "Uber, but with a bus instead of a Car" and they all died because of regulation from the cities. In most cas
by tmcw 8y ago
> There were plenty of startups that wanted to run "Uber, but with a bus instead of a Car" and they all died because of regulation from the cities.
In most cases, the inverse of this statement is closer to the truth: most 'micro transit' companies have been propped up by government subsidies but have nevertheless constantly lost money on each ride. Here's some good background reading on that point: https://usa.streetsblog.org/2018/06/26/the-story-of-micro-transit-is-consistent-dismal-failure/ https://usa.streetsblog.org/2018/06/26/the-story-of-micro-tr...