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DanielleFong's profile
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@DanielleFong

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Empire of the Future
Joined February 2008

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    1. Eric Newcomer‏Verified account @EricNewcomer 20 Aug 2020

      Eric Newcomer Retweeted John Markoff

      to me the clear answer to this is that it would reduce gross bookings which is a core piece of how Uber justifies its losses to the marketshttps://twitter.com/markoff/status/1296484359848046592 …

      Eric Newcomer added,

      John MarkoffVerified account @markoff
      Showing a complete lack of imagination. So are these companies about innovation or exploitation? Why not experiment by passing on the higher cost to riders? https://apple.news/Ah2c7bIoRTdCTM0XBP8HmGg …
      3 replies 2 retweets 11 likes
      Show this thread
    2. Keith Rabois‏ @rabois 20 Aug 2020
      Replying to @EricNewcomer

      You don’t believe they have tested price elasticity???

      1 reply 0 retweets 8 likes
    3. Eric Newcomer‏Verified account @EricNewcomer 20 Aug 2020
      Replying to @rabois

      Obviously I think they have. Can you elaborate on the substantive point? I wouldn't actually think we disagree on this issue so trying to understand what point you're making

      1 reply 0 retweets 0 likes
    4. Keith Rabois‏ @rabois 20 Aug 2020
      Replying to @EricNewcomer

      Well losing 12% of gross bookings isn’t going to help their market cap either...

      2 replies 0 retweets 2 likes
       🤷🏻‍♀️‏ @DanielleFong 20 Aug 2020
      Replying to @rabois @EricNewcomer

      Keith interested to hear this; seems like transportation in the time of a pandemic is still a high value service, and if there price is actuated rather than simply tested, it seems like it could be normalised. I guess what I'm saying is "it's hard to test price elasticity here"

      11:15 AM - 20 Aug 2020
      • 1 Like
      • Conor L. Myhrvold 🐘
      0 replies 0 retweets 1 like

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