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>...unless they're going to hike up their prices. I assume that's what any company like this does eventually once they've captured enough of the market.
by 24gttghh 7y ago
>...unless they're going to hike up their prices.
I assume that's what any company like this does eventually once they've captured enough of the market.
- thatoneuser 7y agoAnecdotal but I've definitely found alternative transit when the prices were too much. I'm not going to pay $20 more for a ride if I can just take the bus for 20 extra minutes transit time. There's a tradeoff.
- BinaryIdiot 7y agoRight but they haven't yet. Lyft is big in the US and most cities / towns in the US and across the globe have small start-ups doing similar ride sharing. Does Uber have enough market to hike their prices yet? Will it before it runs out of money? If they're IPOing I feel like they have to think they can do this, I just don't get the how.
- sokoloff 7y agoI used only Uber for probably 3+ years. On a recent business trip (where I wasn't even the one paying the bill in the end), Uber hit me with some ridiculous quote for a fare from Orlando airport to the convention hotel. That was the moment I downloaded Lyft, took the ride for a far more reasonable price and now I regularly cross-shop the two. Many drivers drive for both, so it's not even that different a wait time or experience. You can shear a sheep many times, but skin them only once.