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They don't care. They already made their billions of dollars and cashed out. The current investors are the stupid public or those with very long-term outlook.
Got it. I can see that happening.
22 seems high, but I drive in the city. Most are 3~5 miles. Then again, I am in Manhattan.
Some NJ trips can be 30+ miles, sure.
This is so true at so many airports now. The designated rideshare areas are often make-shift locations in the parking garage, and you have to walk so far. They are often even shared by multiple terminals too.
I was just at Boston, Austin, and Providence airports, and all of them we had to snake all over. In Boston in Terminal C, the rideshare area is literally outside with no roof!
I am not sure if I have a good suggestion. You may need to rely on a regular taxi service or bite the bullet and order a limo service.
If you didn’t see a sign, how did you know your audio was being recorded?
Thank you for posting this.
Thanks for the info!!
well, now this person will certainly be deactivated.
Yes and yes.
I hope he does.
I actually heard somewhere that when someone gets out of prison, the guards and counselors suggest they go driver Uber (historically taxis). It makes sense. The job interview is with your app and you speak to no one. (And no criminal check)
Rubbernecking is super fun.
What did they expect? They were offering free food to Uber drivers.
It’s the days full of glitches and holes in their campaigns that real wild things would happen. You can get whack-out returns. You’d see 10x surges (in some countries they claimed to have seen 50x) and crazy pricing.
I keep hearing that this is the fastest growing business in Uber in terms of orders and revenue, albeit there is a lot of competition. How does this make sense?
Another start-up where profits and sound business models are completely ignored for the sake of growth. Notice how a few investors decide what businesses and concepts should be next. No matter what any one says, we live in a world where a few people determine how the world should turn.
Why does everyone thinks this is a good idea then?
Investors? Uber is obviously not making any profits, so this must be based on growth and their attempt to capture the market share. It's another start-up business taking over an existing industry and operating under heavily leverage finances (borrowing a lot of money for growth for potential long-term gain).
I feel all the other businesses that are being affected by this changing tides.
Only way it makes sense economically.
Wow. That’s a bit sad to see. This is like the opposite of unity.
the roads were saturated with drivers. All thinking it would surge because drivers were striking.
Did this work at all?
Buffet is all about buy and hold on trusted companies. He has long term outlook and strategy and Uber I’m sure doesn’t fit into that model.