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> but Uber/Lyft is probably a pretty strongly engrained habit for many at this point. Might be true in the valley, but I see no reason to believe that this is

> but Uber/Lyft is probably a pretty strongly engrained habit for many at this point. Might be true in the valley, but I see no reason to believe that this is true in many other markets.

0xffff2 7y ago
Really? "the valley"? I think you'd be closer to the mark if you said it's true in most major metro areas. That still leaves many other markets, but the ubiquity Uber/Lyft is hardly a Silicon Valley only phenomenon.
- sachdevap 7y ago
  Ubiquity of Uber/Lyft is a phenomenon across the world, but not all the markets are as flexible on the price. I question the premise that the markets will respond mildly to a significant price increase in most places. The valley just has a high density of high earners who are willing to pay the sort of price Uber would have to set for competing successfully with drivers making decent pay.
fgonzag 7y ago
Uber has replaced a good chunk of taxi usage in most of the big cities around the world. Even many medium sized ones in developing countries.
- sachdevap 7y ago
  And has done so by running its business at a loss, with waves of protests erupting across the world against their anti-labor policies. A quick google search will tell you all about it. Do you believe that when Uber stops bleeding money, and pays an ultimately somewhat acceptable wage to its drives, it will still be able to compete at the new prices set by these changes? I sure don't.
  - fgonzag 7y ago
    > Might be true in the valley, but I see no reason to believe that this is true in many other markets. I responded to this statement, in which you implied that uber had little market share in other areas. No where in your comment did you state that it was operating at a loss, you simply stated you didn't believe Uber wasn't as strong in other markets.
    - sachdevap 7y ago
      From the comment above, to which I was responding: > pretty strongly engrained habit An ingrained habit and market share are different things. Market share is dependent on price point among many other conditions. I never said or implied that ride share services, and Uber in particular, don't have strong market share. They do at the moment.

> but Uber/Lyft is probably a pretty strongly engrained habit for many at this point. Might be true in the valley, but I see no reason to believe that this is true in many other markets.

0xffff2 7y ago

Really? "the valley"? I think you'd be closer to the mark if you said it's true in most major metro areas. That still leaves many other markets, but the ubiquity Uber/Lyft is hardly a Silicon Valley only phenomenon.

sachdevap 7y ago
Ubiquity of Uber/Lyft is a phenomenon across the world, but not all the markets are as flexible on the price. I question the premise that the markets will respond mildly to a significant price increase in most places. The valley just has a high density of high earners who are willing to pay the sort of price Uber would have to set for competing successfully with drivers making decent pay.

fgonzag 7y ago

Uber has replaced a good chunk of taxi usage in most of the big cities around the world. Even many medium sized ones in developing countries.

sachdevap 7y ago
And has done so by running its business at a loss, with waves of protests erupting across the world against their anti-labor policies. A quick google search will tell you all about it. Do you believe that when Uber stops bleeding money, and pays an ultimately somewhat acceptable wage to its drives, it will still be able to compete at the new prices set by these changes? I sure don't.
- fgonzag 7y ago
  > Might be true in the valley, but I see no reason to believe that this is true in many other markets. I responded to this statement, in which you implied that uber had little market share in other areas. No where in your comment did you state that it was operating at a loss, you simply stated you didn't believe Uber wasn't as strong in other markets.
  - sachdevap 7y ago
    From the comment above, to which I was responding: > pretty strongly engrained habit An ingrained habit and market share are different things. Market share is dependent on price point among many other conditions. I never said or implied that ride share services, and Uber in particular, don't have strong market share. They do at the moment.