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256 points reubensutton | 1 comments | | HN request time: 0.218s | source
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thinkindie ◴[] 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

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harel ◴[] No.21628645[source]
That's why I differentiated my like and dislike. As a consumer, it's a service I use. I would use anyone who gave me that service and driver-mass. As a citizen of the net, I dislike them for their practices. But to be perfectly honest I rather call an uber than stand in the rain waiting for a black cab.
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thinkindie ◴[] No.21628673[source]
i understand that, but we should also understand that black cabs don't have softbank showering billions to subside uber rides and at the same time squeeze any possible costs out of their drivers.
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1. harel ◴[] No.21628721[source]
I totally get that. And you know what, If black cabs were nicer, not THAT expensive, and, available(!) I'd be happy to use them. But they are, like all unionised services, stuck in the 70s. I don't mind paying more. I do mind paying a LOT more for less. I am totally aware Uber is subsidised. But what makes uber uber, is their availability and ease of use.