In case anyone forgot why Uber/Lyft are cheaper than taxis, it’s because a VC is spotting you 30% of your fare…until competition dies.https://twitter.com/triketora/status/837171024106033152 …
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it does. That is the market. Allowed to lose money while trying to grow. I am an ind. contractor & I do it trying to get biz
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Nah. Adam Smith would be laughing in your face. This is not capitalism. No market is picking efficiency.
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This is the absence of market forces. You should be screaming against this. But.. most so-called capitalists don't like markets.
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I can't speak for AS but patience is key. If über is a loser eventually investors will run out of paience
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