The "better experience" argument rests on a false premise - that everyone has the money; they never spent it on cabs earlier because it wasn't easily accessible

The "better experience" argument rests on a false premise - that everyone has the money; they never spent it on cabs earlier because it wasn't easily accessible. This kind of thinking is pervasive among tech startups now, and much of it is deeply embedded among startups founded by financially well-off, living-in-SF folks. The idea that the vast majority of people don't really have enough money to afford fair price cabs (or food delivery or consumer good) seems to be lost on them.