I don’t dispute at all that there is a solid product, but it’s exactly the same as for Lyft & Uber. The value proposition to the end user is only worthwhile if

I don’t dispute at all that there is a solid product, but it’s exactly the same as for Lyft & Uber. The value proposition to the end user is only worthwhile if prices are held at artificially low levels due to VC subsidy that makes the business inherently not profitable. Once you remove the subsidy and let costs elevate to the required level and/or cut back on amenities, locations, etc., to keep prices down, then the question is whether customers still want the remaining value proposition. In other words, of course consumers like upscale stuff at VC subsidized prices. That tells you nothing about whether there’s a core business idea or not.