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The value is in the network of riders and drivers not in the software. The big value for the drivers comes when you can minimize the time gaps between rides, an
by seanmccann 12y ago
The value is in the network of riders and drivers not in the software. The big value for the drivers comes when you can minimize the time gaps between rides, and for riders to be able to get pickups down.
Lyft was actually the first mover on the the UberX product category, Uber was only doing premium service when Lyft started growing.
Ultimately this market is a race to the smallest commissions possible. There are costs involved like credit card processing, insurance, operations, etc. I could see commissions going down to 5%.