>Break local city laws
>Be a list of takers and makers that could be done with a simple Kafka queue
>Have no trollbox
How could anyone think this company is a good investment?
>Subsidizing drivers salaries to make it cheap
Adrian Wood
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Alexander Young
Because people use the shit out of it.
Jace Carter
Simple concept. I'm surprised they could fuck up this hard. At the end they're a software company that made a little app that people liked, used, and put money into. They just had to sit and count their money.
They grew too fast for their own good.
There's nothing easier than being middlmen that just skim a little off the top.
Julian Morales
yes but that's because the reasons I wrote...
Owen Turner
>>Be a list of takers and makers that could be done with a simple Kafka queue
what does this mean
Daniel Peterson
Why can’t a bunch of autists create an open source free app that uses bitcoin and unify all the ride apps and take a 2% dev fee instead of giving uber 20%?
Ethan Long
Samuel Ortiz
They only gave us $100 once right before the IPO. Hardly made a difference in our earnings. The real problem is the way they saturate the market with too many drivers and then cut the fares. Lower fares means drivers don't want to work and Uber takes less commission. Loss for the company and the drivers.
Unlike most things you buy, Uber's demand is not affected by prices. So by lowering prices, you will NOT increase ridership or revenue. That's why surge prices were so effective, but we don't even have that anymore.
The executives in the company should all be replaced. They don't even understand how to run the business they created and now they don't understand why they're losing money and drivers.
Zachary Lee
Thanks just tipped 100k
Xavier Martinez
>Uber's demand is not affected by prices
holy shit