Uber is making the rest of us in SV look terrible.
1. Collect a huge pile of money at sky-high valuations from those who really should know better.
2. Ignore any sensible unit economics and undercut local taxi/transport services until those small businesses go bankrupt since they don't have Uber's money pile.
3. Evade local regulations that everyone else follows in the name of 'innovation' even though the reality is they are just taking a free pass on conducting background checks, and skipping safety guidelines.
What's the endgame here? When they replace all taxis, do they really think they can just permanently ignore all driving laws?
1. Collect a huge pile of money at sky-high valuations from those who really should know better.
2. Ignore any sensible unit economics and undercut local taxi/transport services until those small businesses go bankrupt since they don't have Uber's money pile.
3. Evade local regulations that everyone else follows in the name of 'innovation' even though the reality is they are just taking a free pass on conducting background checks, and skipping safety guidelines.
What's the endgame here? When they replace all taxis, do they really think they can just permanently ignore all driving laws?