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The Drivers Cooperative

drivers.coop

21–30 of 333 posts

Re: The Drivers Cooperative

#21

Wow, I wonder how do they manage to cover the expenses of running a tech startup? We know that software business is capital and intellectual property heavy. How do these people do it?

Taxi apps really aren't very complex and expensive pieces of work. The unicorn start-up scaling up model is just what makes them so. There are already plenty of examples of pretty okay taxi-apps. And the industry itself is much more capital-to-revenue intensive and tech...

Re: The Drivers Cooperative

#22

Earlier quoted context omitted.

Is Uber still operating at a loss? Hard to compete with that, even accounting for the 20% tax.

Uber invested a lot of money into self-driving cars. Presumably a coop isn't spending money on automating away their workers.

They spent a lot of money subsidizing rides. It would be nice if they were making losses to plough money into R&D, but that is/was not the case.

Re: The Drivers Cooperative

#23

Earlier quoted context omitted.

Is Uber still operating at a loss? Hard to compete with that, even accounting for the 20% tax.

Uber invested a lot of money into self-driving cars. Presumably a coop isn't spending money on automating away their workers.

That is actually an interesting point. Why would I, as a driver, fund research and development aimed at making my skills worthless?

Re: The Drivers Cooperative

#25
I'm going to give this a real try. I live in Brooklyn Heights, NYC. My GF is having a birthday party/gala in Harlem at 140th and Broadway. I'm going to try this for traveling to Kerri's birthday party.

Re: The Drivers Cooperative

#26

Earlier quoted context omitted.

Uber invested a lot of money into self-driving cars. Presumably a coop isn't spending money on automating away their workers.

That is actually an interesting point. Why would I, as a driver, fund research and development aimed at making my skills worthless?

Because you own part of the co-op, and it's value would go up if that research succeeds?

I think co-ops can actually be a good way of handling technology replacing manual labor. The profits made from the technological advancements can be put in a dedicated trust of the co-op that is focused on retraining the workers for new positions. With that you could handle inevitable technological progress.

Re: The Drivers Cooperative

#28

Earlier quoted context omitted.

Uber invested a lot of money into self-driving cars. Presumably a coop isn't spending money on automating away their workers.

That is actually an interesting point. Why would I, as a driver, fund research and development aimed at making my skills worthless?

Skills is a stretch. Having a driver's license in the US is a pretty low bar for entry for being a rideshare driver.

Re: The Drivers Cooperative

#29

Earlier quoted context omitted.

Uber invested a lot of money into self-driving cars. Presumably a coop isn't spending money on automating away their workers.

That is actually an interesting point. Why would I, as a driver, fund research and development aimed at making my skills worthless?

competition and because if you own a share of a future technology you're still standing to gain financially. It's not like tech companies not routinely also innovate away their own tech.

Software developers also work on tools that make software development easier.

Re: The Drivers Cooperative

#30

Wow, I wonder how do they manage to cover the expenses of running a tech startup? We know that software business is capital and intellectual property heavy. How do these people do it?

This is such an odd comment. What industries/businesses are you comparing with? Software is one of the least capital intensive industry I can think of. Similar for intellectual property, I mean what important IP is in building a website or a mobile app? That's why the industry is so focused on growing as quick as possible IMO, because everyone could essentially build your service, it's all about building so much momentum/user base that it becomes difficult for anyone to compete.
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