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The era of free money ending is going to be interesting I think. Uber‘a model basically revolves around people not being able to do the calculus of driving for
by SV_BubbleTime 4y ago
The era of free money ending is going to be interesting I think.
Uber‘a model basically revolves around people not being able to do the calculus of driving for ride share. And Lyft is just a smaller player.
I don’t see how they survive if they need to make dollars and not just valuation numbers.
- bombcar 4y agoThey survive by being a 10-20% fee for taxi dispatch.
- Gareth321 4y agoI would pay a 30% premium to never have to use a regular taxi service again. Surely they can find a way to make this profitable with a reasonable premium.
- bnjms 4y agoMight be better if they cannot make it work and pay back all the investments then bankrupt. Another company can replace them with the correct expectations. I would also pay 30% + fair wage. Albeit less frequently. There was no functional taxi service in my metro before Uber and Lyft.