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That’s a competitive advantage over taxis, then. It’s one of several reasons I choose uber over yellow cabs when in NYC (9 times out of 10, anyway).
by leesalminen 7y ago
That’s a competitive advantage over taxis, then. It’s one of several reasons I choose uber over yellow cabs when in NYC (9 times out of 10, anyway).
- toomuchtodo 7y agoUp until Uber exhausts cash on hand. And then you’ll be back to using taxis or public transit, no? A competitive advantage has no value without a path to profitability.
- chillacy 7y agoSo are you going to start this business now or wait until Uber folds?
- toomuchtodo 7y agoStart what business? Have taxis gone out of business? Or did they adopt their own ridehailing apps and continue to exist? I still see cabs everywhere in NYC, Chicago, and SF. If you can’t kill taxis with tens of billions of dollars of VC investment, how does the last bit of cash Uber has help?
- dodobirdlord 7y ago> Up until Uber exhausts cash on hand. Uber's rideshare business appears to be almost revenue-neutral. So if you're waiting for Uber to run out of cash, you'll be waiting a while. Worst case scenario, they stop pouring money into their money-losing ventures and focus on rideshare.
- TheSpiceIsLife 7y agoPerhaps human mobility solutions should be run as non-profit.
- jacquesm 7y ago> A competitive advantage has no value without a path to profitability. It's a real pity that there is no 'HN Quotes' section, I'd definitely nominate this one.
- kurtisc 7y agoThis seems based on the assertion that people are only using Uber because it's cheaper which, as far as I can tell, is completely unfounded.