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256 points reubensutton | 1 comments | 25 Nov 19 10:19 UTC | HN request time: 0s | source

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thinkindie ◴[25 Nov 19 14:49 UTC] No.21628527[source]▶

have you ever wondered what makes services like Uber affordable? 1) underpaid drivers 2) VC money dropped into an otherwise unsustainable business

I'm pretty sure Uber will raise prices the moment it kills the competition

1. maxehmookau ◴[25 Nov 19 14:55 UTC] No.21628583[source]▶

They already have! Repeatedly. And lowered the cut paid to drivers.

Uber loses licence to operate in London, will still operate while appealing