4 ms·
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 ubiquit
by 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 agoUbiquity 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.