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Gett in advanced talks to buy Juno for $250M as Uber rivals consolidate

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Re: Gett in advanced talks to buy Juno for $250M as Uber rivals consolidate

#3
Juno pledged to give away 50% of the founding shares to drivers via RSUs over a 10 year period [0]. I wonder how units many were issued, if they had accelerated vesting upon an acquisition, and if so, what drivers actually got in the transaction.

[0] https://gojuno.com/drive/meet/ Over a period of ten years, we intend to distribute to drivers a number of RSUs that would give drivers the same ownership interest as our founders upon an IPO or sale assuming all such RSUs vest.

Re: Gett in advanced talks to buy Juno for $250M as Uber rivals consolidate

#7
Something about this headline interests me, along with the title that appears here on HN:

Article: "Gett in advanced talks to buy Juno for $250M as Uber rivals consolidate"

HN: "Ubser rivals consolidating: Gett to buy Juno for $250M"

I wonder if the HN headline is as-submitted or mod-ified.

The latter title leans much more on the Uber link, while TC's headline puts it at the end.

If we didn't have all of Uber scandal stuff going on, I wonder which title would've been submitted to HN:

"Uber rivals scrambling as Gett buys Juno for $250M", maybe?

Here's a fun query to run: Pull HN submissions and go back to the linked articles. Pull those headlines, and then remove ones too long for HN's length limit.

Of the remaining headlines, normalize and see how many HN posts modified the title in some way.

Re: Gett in advanced talks to buy Juno for $250M as Uber rivals consolidate

#8

Something about this headline interests me, along with the title that appears here on HN: Article: "Gett in advanced talks to buy Juno for $250M as Uber rivals consolidate" HN: "Ubser rivals consolidating: Gett to buy Juno for $250M" I wonder if the HN headline is as-submitted or mod-ified. The latter title leans much more on the Uber link, while TC's headline puts it at the end. If we didn't have all of Uber scandal…

Very few people on HN actually care about the Uber scandals. Almost no one has changed their daily behavior. They all still use Uber.

It's exactly how Trump won the US election. A small group of people spread the idea Uber is doing poorly when in reality they're not.

Re: Gett in advanced talks to buy Juno for $250M as Uber rivals consolidate

#9
I prefer Gett for long commute. It gives you a firm quote so if your Uber/Lyft/Juno driver messed up enroute or there's a traffic, you don't pay the extra. From a user's perspective, this saves me money. I would take Gett to Barclay Center knowing Uber and Lyft would charge me high premium after game. Or trip from Manhattan back to Queens. There's also an option to make extra stop which is nice! Gett cars are the regular black SUV cars so much more comfortable.

This acquisition is nothing but acquiring users (although Junos has fewer drivers so fewer active users) and talents, as Gett itself can already do what Juno and other rider-service apps can do. I wonder if they will continue to run Juno as a standalone app like Seamless and Grubhub but share the same user database. I still wonder why Seamless and Grubhub can't shut down one of them, this seems like a marketing tactic than anything else, creating a diversion that there are other players in the market. Who knows, maybe there's tax advantage.

Re: Gett in advanced talks to buy Juno for $250M as Uber rivals consolidate

#10

Something about this headline interests me, along with the title that appears here on HN: Article: "Gett in advanced talks to buy Juno for $250M as Uber rivals consolidate" HN: "Ubser rivals consolidating: Gett to buy Juno for $250M" I wonder if the HN headline is as-submitted or mod-ified. The latter title leans much more on the Uber link, while TC's headline puts it at the end. If we didn't have all of Uber scandal…

We just reverted the submitted headline from “Uber rivals consolidating: Gett in talks to buy Juno for $250M” to that of the article.
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