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> Honest question: Who or what was "really instrumental to Uber's early success"? Using VC funding to bankroll an unprofitable business model, undercutting exi
by bagacrap 7y ago
> Honest question: Who or what was "really instrumental to Uber's early success"?
Using VC funding to bankroll an unprofitable business model, undercutting existing industry players who didn't have multiple billion dollar rocket boosters, mostly. Ignoring laws and other unethical practices no doubt helped.
- landryraccoon 7y agoTo be fair, most people wouldn’t be able to pull all of that off but Travis did.
- majewsky 7y agoYeah, people should give him more credit for being as good a con-man as he is!
- goatinaboat 7y agoDon’t forget the industrial scale tax evasion
- chrischen 7y agoFor non techy startup nerds, it was probably the fact that the Taxi industry was almost universally loathed, expensive, and unreliable. The on-demand rides industry (Lyft, Uber, et al) managed to not only lower pricing, but also bring Karma (bi-lateral user ratings) to the whole industry so that a driver can't just say "fuck you" to a passenger without consequence (nor could the passenger to the driver). If this didn't improve the world, I'm not sure what does.