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There's a lot of major interests out there that have essentially been at war with Uber from day 1. The cab driver's unions in different cities primarily. All of
by brightball 5y ago
There's a lot of major interests out there that have essentially been at war with Uber from day 1. The cab driver's unions in different cities primarily. All of these interests want nothing more than to see Uber fail and will amplify any projections like these.
My simple question...if Yellow Cab can be profitable, what makes it so hard for Uber or Lyft to be profitable?
- OldHand2018 5y agoYellow Cab doesn't have to pay hundreds of millions of dollars in executive compensation, nor does it need to hire thousands of developers. Yellow Cab's annual expenses are probably less than 1 month of Uber's AWS bill.