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I spent two weeks delivering for Uber Eats and made $4.40 per hour

(www.breakit.se)
383 points imartin2k | 1 comments | 13 May 17 10:08 UTC | HN request time: 0.209s | source
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kisstheblade ◴[13 May 17 14:13 UTC] No.14331063[source]▶
Used Wolt and Foodora (in Finland). The Wolt people usually use cars for delivery. Wonder how that factors in the profit calculations for the delivery person.

Anyhow, I'm really wondering how any one of these companies can survive when the VC subsidies run out. There have been other food delivery services here before them but the have been shut down for being too expensive. On the other hand they had actual employees and paid their taxes etc. Wonder how much tax avoidance is possible for foodora/wolt workers, or how much the corporations do "tax structuring" which seems to be all the rage nowadays for hipster startups.

replies(1): >>14331114 #
1. mschuster91 ◴[13 May 17 14:21 UTC] No.14331114[source]▶
> Anyhow, I'm really wondering how any one of these companies can survive when the VC subsidies run out.

The one with the biggest amount of $$$ and the (relatively) lowest cash burn will prevail, and once the competition is shot, raise the prices by (ab)using the now dominant position.

This is then followed by either an IPO or acquisition.