4 ms·
Uber spends far more on app development than any taxi company ever spent in radio dispatch. There's no economy there. Uber is a great example of a company that
by mimixco 7y ago
Uber spends far more on app development than any taxi company ever spent in radio dispatch. There's no economy there.
Uber is a great example of a company that sounds great but, in practice, has no economies to offer.
It's worth pointing out here that all other "We're the Uber of n." ideas have failed miserably.
- bitrevolution 7y ago>> Uber spends far more on app development than any taxi company ever spent in radio dispatch. I'm just not sure what there is to continually develop? Thinking of recent new features... UberPool, Multi-Destination Trips? Fine tune the surge algorithm? Some data science insight? http://www.businessofapps.com/data/uber-statistics/ http://www.businessofapps.com/data/uber-statistics/ According to this there's 3.9 million drivers world wide. As I understand it Uber takes 25% per fare. Hypothetically, even with each driver contributing a nominal $1 per day as an "app license" you would amass a reasonable costbase which easily offsets the 25% commission per fare.
- mimixco 7y agoI don't understand it, either, but somehow they blew through $740 million on this last year. It seems ridiculous and only underscores my argument that they aren't really a tech company. If I pitched needing $740 million to create a taxi dispatch app, I'd be laughed out of the room. Uber survives on a never-ending series of fantasies: they'll "disrupt" travel. They'll disrupt logistics. They'll have self-driving cars. They'll have flying taxis! No, they won't do any of these things. But what will happen (and already has) is that the founders and their friends will become obscenely wealthy while drivers have to sleep in their cars.
- naveen99 7y agoAlso disrupt ghost kitchens: https://www.cloudkitchens.com/ https://www.cloudkitchens.com/