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Even if this isn't quite an uber rival, this is ultimately Uber's problem. All they are is an app with some marketing, and anyone with a bit of money can easily
by emergentcypher 11y ago
Even if this isn't quite an uber rival, this is ultimately Uber's problem. All they are is an app with some marketing, and anyone with a bit of money can easily come up with a competing app.
- dylanjermiah 11y ago>All they are is an app with some marketing, and anyone with a bit of money can easily come up with a competing app. I think I'll let your first statement stand, but in regards to the second. Uber has raised $5.9bn dollars, is doing ~2m rides per day, is in 300+ cities -- sure you can create a competing app, but the chances of meaningfulness are small if non existent.
- ma2rten 11y agoin 300+ countries As far as I know, there are only 196 countries in the world.
- dylanjermiah 11y agoI apologize, I meant cities. Thank you for letting me know.
- kevin_thibedeau 11y agoThe difference is that carpooling is legal. What Uber and Lyft are doing is not in most markets.
- dylanjermiah 11y agoWhat relevance does this have to the parent, or my, comment?
- kevin_thibedeau 11y agoThe relevance is that a $5.9b valuation is dubious when it's based on an illegal enterprise. That "value" can disappear in an instant when municipalities start cracking down.