4 ms·
> a lot of corruption in the taxi industry That's a great point. Start a new exploiting service under the guise of freeing people from an already exploiting s
by seiji 11y ago
> a lot of corruption in the taxi industry
That's a great point. Start a new exploiting service under the guise of freeing people from an already exploiting service. That tactic provides cover, plausible deniability, and an automatic anti-establishment camaraderie following. Though that's basically the same tactic taken by every politician in every election these days ("Washington is CORRUPT! It's full of insiders and lobbyists and lifers. I will be expose the corruption and fight FOR YOU!").
By the time people realize you have become the new corrupt rent-seeking entity, it's too late for people to fight you and your $6 billion VC war chest (yes, uber has raised 6 billion-with-a-B dollars in "funding" — they seem to be taking the PayPal model of just giving people free money in exchange for loyalty (subsidies paid for by middle america retirement funds invested in VC funds)).