Viewing profile — DanielLawhon

This is a great point. A crowded market means there's lots of space for new entrants and that no one has quite figured out how to win the whole thing. Good opportunity to steal and…

I think a lot of the maneuvering that's happening now is prompted more by TK's seeming unwillingness to make sincere changes (and that's always worse than the initial mistake), but…

I am opposed to the taxi industry collusion entirely, but Uber/Lyft are creating customer value by subsidizing their transportation costs via investor dollars. While I would love t…

Yes. > I thought the whole point of subsidizing rides was(as OP comments pointed out) to raise demand, both for drivers and riders, they first entice both ways with the promise of …

You're exactly right though, and that's the problem. People won't pay to use the service if Uber charges what it actually costs to deliver it. They're heavily subsidizing each ride…

If you're losing money on every ride, then your aggregate profit on all rides will be in the negatives. More volume just makes the total loss bigger, because that's more money you'…