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Uber/Lyft are both profitable in many markets. The system is perfectly sustainable. It's the service, not the price, that made the biggest difference for users
by manigandham 6y ago
Uber/Lyft are both profitable in many markets. The system is perfectly sustainable.
It's the service, not the price, that made the biggest difference for users. And this service requires having thousands of drivers able to start at a moment's notice, which is not viable under an employee-shift driven model.
- ironmagma 6y agoIf it’s so profitable, they should be able to pass on those profits to the drivers. If they were already doing that, we wouldn’t be where we are.