Thursday, August 25, 2016


I'm not surprised that Uber is losing a lot of money. It costs an immense amount to expand as fast as they have.

What I don't know is how they expect to maintain market share. It isn't clear how they obtain/maintain a near monopoly, which is what they need to make money with what they're doing. Otherwise...

Uber is one of those things that piss me off from a liberal perspective. Yes some local taxi monopolies suck, and especially if you're a person of color they aren't always exactly a functional service. But unlike with some businesses, there's a pretty direct correspondence with how much you paid and how much the person you paid gets to pocket. People who "fight for $15" one day, then brag about their cheap Uber experience the next really confuse me. A cheap ride means you just paid your driver shit.