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People especially wanted uber because uber charged below market rates by subsidizing rides with vc money.
by ses1984 5mo ago
People especially wanted uber because uber charged below market rates by subsidizing rides with vc money.
- NitpickLawyer 5mo agoMaybe. But the fact that they're still in business shows that different people value different things. Be it rating schemes, payment alternatives, choosing their music, choosing their cars, one click hailing and so on. The people have spoken, the social contract has changed.
- KPGv2 5mo agothat's just goalpost shifting The argument was "governments restricted taxi availability so Uber won" and now you've mott-and-bailied yourself down to "people want to pick music they listen to on the ride"
- basisword 5mo ago>> But the fact that they're still in business shows that different people value different things. No it doesn't. It shows they could undercut the market, monopolise it, and then charge more once they'd killed the competition.
- solenoid0937 5mo agoExcept NYC taxis and the taxi cartel is still trash compared to Ubers, despite Uber being out of its subsidization era.