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I really "enjoy" when academics try to judge tech companies they don't really understand. Look, Uber's finances still aren't great. Doesn't apply to all of its
by ymolodtsov 3y ago
I really "enjoy" when academics try to judge tech companies they don't really understand.
Look, Uber's finances still aren't great. Doesn't apply to all of its peers across the world. If they burn through all their money and can't raise more, something will happen. As a user, I will say that I will continue using ridesharing apps even if conventional taxis end up cheaper.
Barcelona regulated the hell out of ridesharing. Uber is prohibited, I think. When you open Bolt there for the first time, you can't order a car for 15 mins. It's an arbitrary limit they instituted so you go to a road and catch a taxi. Well, those are OK and always have card payments. But you have to be on a busy road to catch them in the first place.