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The business model never made sense except in the way it played out - the taxi industry getting hammered and uber and lyft eventually jacking up the prices. Wor
by locallost 5y ago
The business model never made sense except in the way it played out - the taxi industry getting hammered and uber and lyft eventually jacking up the prices. Worse, the model is always going to be more expensive because every driver is on their own. It's a lot more expensive to buy and maintain a car if you're one person than it is if you do it for hundreds of cars.
The tech was good since it works well at scale. The better way would've been to rent the tech to actual taxis around the world so that you have one app a user can use. But it was a lot more lucrative to sell the pipe dream that we're not a cab because we have an app, or that we improve congestion.