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Right, it's all about whether you actually want to invest in them or not.
Will Lyft and Uber be able to beat the rest of the market? Are they the fast growing tech companies that will see double digit gains? who knows?
If you ask me, probably not. When buying stock, always think the growth potential.
If you are speaking of the O'Connor v. Uber case, the judges have ruled in favor of Uber, where drivers were deemed as contractors rather than employees.
Remember that these decisions are a state-level discussion so how these decisions affect will depend on where you reside. Also, it's worth noting that there will always be appeals and different cases around this topic, so it will be very fluid for a while.
I would be careful about jumping into these law firms' discussions. I don't think there are any harm in speaking to them, but make sure to do your own due diligence, especially if they are looking for a cut of the settlement. Often, you are entitled to a settlement directly from Uber.
There may be an overlap with this one. It's a good thread.
Must have something to do with how the IPO is expected to be a dud. It's shaping up that way, at least.
Uber's IPO may not be as eye-popping as we expected.
Uber’s IPO outlook takes a $50 billion hit
Did you know an airport makes $19 per passenger for its usage? Yep. $19 out of your fare goes to them.
Airports do make a lot of money off airport usage fees. Providence Airport tried to charged Uber $6.00 earlier this year.
This is according to Uber, so let's take it with a grain of salt.
If anything, it does show their commitment in making this successful.
I dunno. I feel like they are known for what they are. Horrible male-dominated culture, drivers aren't happy, crushed the taxi competition by breaking the rules, heavily leveraged with investeor cash, having issues expanding outside of US as the global competition picks up, investing significantly on other technologies with no fruitful outcomes or future outlook, their business model is actually very easy to copy so they are completely overvaluated, and that's why much smaller Lyft can take them on and making headway, etc...
No, I bet the threshold is lower in new markets.
Uber won’t be quick to deactivate drivers in new and smaller cities where they are trying to establish presence and still ramping up on drivers.
They probably try to deactivate drivers in cities where the driver is saturated in fact. Don’t you think?
Miami Uber Driver Raped A Female Passenger, Told Cops It Was A 'Perk' Of The Job
Being gay isn't a protected class - at least in the eyes of the law.
I’m in La
I will admit that is pretty awesome. Most of my rideshare needs are around my house and I expect same drivers to be around. As long as there is a good number of drivers, I am all up for it.
I assume I can have a list of my favorite driver? I need an ability to make a list, because obviously not all drivers will be available all the time.
Uber for privacy reasons cannot track passenger's locations unless the app is open. (In other words, they cannot if the app is in the background.) So, perhaps it'd cause more confusion if we all became used to that or started to rely on it to do pickups.
Uber is able to drop the pin on the user's GPS location and communicate that to the driver. In fact, I think that's what they are doing, right? The rider lets the Uber app grab his or her location, and then the rquest is sent out. The problem is that that exact location is being geocoded to an address that driver's GPS can resolve and navigate to.
Due to the fact that the driver needs to be given an address for the sake of the navigation, at some point, the passenger location needs to be translated to an address. That's probably where the rub occurs.
I haven't driven recently in a long time, so I cannot rememeber what pin location the drivers see. Is it address or the user's original location? I am thinking it was the prior.
I did the same exact plan in LA in 2016 before I purchased a car for UberX. I assume what you are considering is similar. It was like $210 a week for rental but they waive that if you reach 75 trips within a week. I remember it including mileage, standard maintenance, liability coverge, etc.
My advice? I don't know the deal now in Seattle, but make sure to look at the fineprints. There are clauses like:
Ahh...Uber works in mysterious ways.
Maybe it's something to do with your Passenger Ratings Has anyone considered that?
What they need is an anonymous mode or incognito mode, where users can go anonymous and book a ride without telling Uber who they are. This will get us a bit closer to fair pricing.
There is a benefit for pizza delivery, because you want them hot and freshly baked
There is a benefit for grocery delivery, because that's something we can use on a daily basis, and it could be cumbersome to bring them all home.
Now with marijuana, neither of the above will apply. Weed is portable, and I don't think they need it fresh. So surmise that there is no business model for this.
The best it will do is for people to sell and buy some illegal crap, and this will be used as a cover.
I think they mean this:
Yes, this does happen for various reasons:
- The driver's car is in the shop, and instead of losing income, they borrow someone else's car.
- These drivers are using someone else's UberDriver app. They most likely do not have work authorization and/or was denied by Uber but they still would like to work. All it takes is to borrow someone's login credential and voila! You just took over your friend's account.
The good news is that the passengers like you do notice, and it can be reported pretty easily. Uber and Lyft do consider this as a severe offense, so these offending drivers are taking significant chance of being deactivated.
I am a rider. I try to tip 15 to 20%, like I used to with taxis.
I also try to keep in mind to tip more for shorter trips because drivers get screwed on those. I know that's a bit counterintuitive because we pay the most on those short trips due to the booking fee, but the majority of that goes to Uber.
If it's a real short trip, just walk. That's my opinion.
You can put the same mechanisms in place that prevents drivers from cheating. Jsut like driving a passenger.
From which point? Interesting question. I feel like Uber can build a logic around it. Like, the app would ask right after anothe fare, "Samantha is asking for her phone at location ABC. Would you like to drive there now?"
Then if you say, "no", it'll ask you later.
At which point you accept that, that's when the ride starts, and Samantha also gets a notification on her Uber app.
"When I talked to the drivers, they described how Uber kept fares in a perfectly engineered sweet spot: just high enough for them to justify driving, but just low enough that not much more than their gas and maintenance expenses were covered."
"...manipulate bonuses so that drivers could be “tricked” into working longer hours. Laughing, they compared the drivers to animals: “You need to dangle the carrot right in front of their face.”
Not that I have heard of. I think this business concept is still being proven out by businesses and enterpreneurs, and it will be a while before it gets rolled out to cities outside of the test markets. (e.g. San Francisco, Chicago, LA, Boston, etc.)
I feel as though there is definitely need and demand, but I feel there are lots of hurdles in making it successful.