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>> I'd guess this consumer-hostile arrangement is maintained via some kind of kickback up the ladder. or VC-subsidized rides, or shifting private costs onto th
by skeeter2020 3y ago
>> I'd guess this consumer-hostile arrangement is maintained via some kind of kickback up the ladder.
or VC-subsidized rides, or shifting private costs onto the public, or not paying their drivers a sustainable wage, or this is not typical and you rarely find (I've never seen it) the taxi rate double the Uber rate.
So yeah, must be shadowy cabal between high ranking city administrators and fat-cat taxi drivers.
- shuckles 3y agoUber has been free cash flow positive in markets like San Francisco for years. "Shadowy cabal" to describe the taxi industry isn't speculation or fear mongering. It's more or less an accurate description of how that market worked prior to disruption.