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They aren't pulled out of thin air. They're best estimates. If you disagree, what do you think their unit model would transform into if they acquired lyft for
by smallgovt 8y ago
They aren't pulled out of thin air. They're best estimates. If you disagree, what do you think their unit model would transform into if they acquired lyft for $20B in stock and raised prices by 10%? Why?
- disiplus 8y agoyou cannot really play with it like that, users have an expectation how much something will cost and if they dont feel that its right you can drop a lot. from my own experience price increase if just on its own of 10% can decease sales by more then 20%. and i assume uber had such ideas and has been simulating them, and I'm sure they are testing it out with smaller but not noticeable increases. let's see how that works for them.
- andbberger 8y ago> if you disagree, riddle me something entirely different