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Uber, Mired in Corporate Scandals, Sees Uptick in Bookings

nytimes.com

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Re: Uber, Mired in Corporate Scandals, Sees Uptick in Bookings

#91

Post by [deleted] »

will_brown wrote: post #31
Z1nfandel wrote: post #15

Earlier quoted context omitted.

So true. Most people just don't care. I've used this to my advantage over the past few years, as soon as a "big corporate scandal" breaks the stock tends to fall. Check their financials, buy the stock if it looks good, then wait a few months for it to all blow over. My most recent was Wells Fargo during their opening accounts scandal. Bought early Oct, Sold late Jan. 20.06% profit. There were so many headlines callin…

>For every one person saying: "Uber is evil, don't use them" There are ten saying "Meh, its cheap and convenient." I guess there is actually an 11th person saying, awesome I can financially support this evil company in the short term and make a quick buck. I've been talking a lot about boycotts lately on HN to curb unwanted corporate behavior, in particular as it relates to a lot of the recent 1st Amendment issues an…

[deleted]

Re: Uber, Mired in Corporate Scandals, Sees Uptick in Bookings

#92

Post by shitgoose »

will_brown wrote: post #31
Z1nfandel wrote: post #15

Earlier quoted context omitted.

So true. Most people just don't care. I've used this to my advantage over the past few years, as soon as a "big corporate scandal" breaks the stock tends to fall. Check their financials, buy the stock if it looks good, then wait a few months for it to all blow over. My most recent was Wells Fargo during their opening accounts scandal. Bought early Oct, Sold late Jan. 20.06% profit. There were so many headlines callin…

>For every one person saying: "Uber is evil, don't use them" There are ten saying "Meh, its cheap and convenient." I guess there is actually an 11th person saying, awesome I can financially support this evil company in the short term and make a quick buck. I've been talking a lot about boycotts lately on HN to curb unwanted corporate behavior, in particular as it relates to a lot of the recent 1st Amendment issues an…

"to instead become a leader for change"

he is leading the change. by exploiting swings in prices driven by emotional (over)reactions, he flattens the price and excludes the emotional component from it. good for investors, good for everyone.

Re: Uber, Mired in Corporate Scandals, Sees Uptick in Bookings

#93

Post by trustfundbaby »

Z1nfandel wrote: post #15
askafriend wrote: post #2

Of course Uber sees an uptick in bookings. None of the people using the service in almost 200 countries worldwide are tuned into the daily drama of Silicon Valley. Normal people want to get from point A to point B in the most comfortable, efficient, cheap way possible. If that means Uber then so be it. If that means Taxis then so be it. If that means Didi Chuxing then so be it. It just turns out that Uber is well pos…

So true. Most people just don't care. I've used this to my advantage over the past few years, as soon as a "big corporate scandal" breaks the stock tends to fall. Check their financials, buy the stock if it looks good, then wait a few months for it to all blow over. My most recent was Wells Fargo during their opening accounts scandal. Bought early Oct, Sold late Jan. 20.06% profit. There were so many headlines callin…

Thanks for that tip. Very clever, noticed it too, just never capitalized.

Re: Uber, Mired in Corporate Scandals, Sees Uptick in Bookings

#94

Post by 1_2__4 »

will_brown wrote: post #31
Z1nfandel wrote: post #15

Earlier quoted context omitted.

So true. Most people just don't care. I've used this to my advantage over the past few years, as soon as a "big corporate scandal" breaks the stock tends to fall. Check their financials, buy the stock if it looks good, then wait a few months for it to all blow over. My most recent was Wells Fargo during their opening accounts scandal. Bought early Oct, Sold late Jan. 20.06% profit. There were so many headlines callin…

>For every one person saying: "Uber is evil, don't use them" There are ten saying "Meh, its cheap and convenient." I guess there is actually an 11th person saying, awesome I can financially support this evil company in the short term and make a quick buck. I've been talking a lot about boycotts lately on HN to curb unwanted corporate behavior, in particular as it relates to a lot of the recent 1st Amendment issues an…

Um, the "for evil to triumph" quote was Burke, not MLK.

Re: Uber, Mired in Corporate Scandals, Sees Uptick in Bookings

#95

Post by [deleted] »

Z1nfandel wrote: post #15
askafriend wrote: post #2

Of course Uber sees an uptick in bookings. None of the people using the service in almost 200 countries worldwide are tuned into the daily drama of Silicon Valley. Normal people want to get from point A to point B in the most comfortable, efficient, cheap way possible. If that means Uber then so be it. If that means Taxis then so be it. If that means Didi Chuxing then so be it. It just turns out that Uber is well pos…

So true. Most people just don't care. I've used this to my advantage over the past few years, as soon as a "big corporate scandal" breaks the stock tends to fall. Check their financials, buy the stock if it looks good, then wait a few months for it to all blow over. My most recent was Wells Fargo during their opening accounts scandal. Bought early Oct, Sold late Jan. 20.06% profit. There were so many headlines callin…

[deleted]

Re: Uber, Mired in Corporate Scandals, Sees Uptick in Bookings

#96

Post by tluyben2 »

I liked (and still like them in UK/NL/TH/US) Uber; it was more convenient and nicer than cabs. Cabbies in the countries I frequent are downright rude, their cars filthy and beaten; Uber was a welcome change. But in most of them now they are forbidden or mostly forbidden or on their way out. Some companies made their own horrible apps which half of the time do not work (in Barcelona I tried them all and none of them managed to get a ride, one of them simply crashed at startup etc) or are 'old' as in you have type a time and date when you want a ride and cannot order for 'now'. I have not seen one where the gps actually works so you see if your ride is actually coming and ofcourse, because usually they are made by a big taxi corp, no ratings, so back to rude, smelly drivers in crap cars.

In HKG there seem to be issues, the prices went up and drivers often cancel (more so than in other countries I noticed); I do not think it should be possible for a driver to just cancel because they find the trip too short. I should be able to rate them for that. But still more convenient than cabs who you wave over, tell the location and then they drive off for the same reason.

Another gripe is payments; in some countries payment card A works, in some B works etc. Paypal als payment doesn't work in Thailand. Still, while annoying, it is better than 'only cash mate' that often happens in cabs.

Anyway more competitors would be good ; any way to get all rides on an acceptable level. In countries like Spain where they now are forbidden, I was happy to see them in hopes they would fix the issues with cabs in general (especially in the south) but nope, it just returned to the comfortable bad behavior of always. Last weeks ride from Malaga airport had a cabdriver loudly burp garlic for 20 minutes. Can only complain by filling a form no-one will ever look at.

Re: Uber, Mired in Corporate Scandals, Sees Uptick in Bookings

#97

Post by aaron695 »

Z1nfandel wrote: post #76
djcapelis wrote: post #38

Earlier quoted context omitted.

I created my HN account 2884 days ago and this comment is the first time in a long time I’ve felt this forum has had some serious conversations about the conflicts between ethics and profits. I am so glad to see people questioning the means leading to financial ends. Thank you for directly bringing the dynamics of how financial incentives are impacting the reality we live in into the conversation. I sorely hope the p…

>I sorely hope the person you responded to manages not to feel too attacked and gives a frank and truthful answer on where their line is with respect to not wanting to profit off a corporate scandal. Nope, never felt attacked. Takes a lot to get me riled. I don't go seeking companies that break laws to enhance profits. However, I did notice a long time ago, that constant publicity will have an effect on stock price.…

> Is that profiting on corporate scandal, or market (public sentiment) overreaction? Up to you to decide.

Who cares? What's wrong with profiting on evil.

Here's a crazy idea, how about worrying about not supporting and fighting evil rather than getting drawn it these philosophical debates.

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