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Can someone explain to me how Uber took off? Why did a company like it exist 5 years ago?

• Thriptic 11y ago
  They took on an industry in which existing players were poorly serving consumers and have been providing a good product. Other potential competitors avoided the market due to the regulatory environment in the industry. Uber dealt with this by stating that they are exempt from the existing regulations.
• dylanjermiah 11y ago
  Travis said they tried it 6 months earlier and the battery life of the current gen phones couldn't handle what was required, even while plugged in. Only one of the reasons however.
  • ionwake 11y ago
    Thank you for the insight =]