I remember when I first rode in an Uber I thought, “Man when they cost about the same as a taxi it’s over for taxis.” For some reason I assumed it wasn’t possible because in my mind at that time better experiences were inherently more expensive (read: I was an idiot)
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My local cab company has a hailing app and is profitable.pic.twitter.com/AG0RIjkg5z
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And I’d guess they’re not spending 1/1,000th the cash on growth
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And I bet Uber pursues that growth while contributing 1/10th of the tax base the local company does while enjoying the same access to roads and drivers who can read
End of conversation
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