It's always surprised me that we haven't seem more attempts at co-op like models in spaces like this, and I'm happy to see it. Uber/Lyft strike me as thin businesses in the value that they actually provide both to riders and drivers. Yes, they were responsible for some initial innovation, but now the cat is out of the bag, and the concept could absolutely be applied in a business structure that is more profitable and…
I've been considering unconventional business models for software development teams, and something like this has crossed my mind a few times. What I ultimately dream of doing is assembling something like what seal team 6 is to the US armed forces. How do you build an organization around that model? It takes many layers to filter the talent appropriately and protect the most capable players throughout. How do you achi…
The Drivers Cooperative
311–320 of 333 posts
Re: The Drivers Cooperative
#312Earlier quoted context omitted.
The single benefit of Uber having a global presence likely already outweighs the value of these local coops. You can get off an airplane just about anywhere in the world and get an Uber. That’s huge value.
Why not both? When I shop for groceries at home I can use the hippy dippy organic bodega. When I’m in an unfamiliar city, I can go to Kroger’s or Aldi. Space on my phone is free!
Re: The Drivers Cooperative
#313Earlier quoted context omitted.
> You can get off an airplane just about anywhere in the world and get an Uber. That’s huge value. You can get off an airplane just about anywhere and get a taxi at the taxi stand, but that never enabled a global company. Airports with local unlicensed taxi services generally have advertising in the airport for arrivals. Installing a new app in each city, and putting in payment information is more hassle (especially…
With a local taxi stand, you don't know if that would be over-priced, if they accept your card, etc. I've been in a situation where card should accepted in theory, but driver insists on cash, and I'm a kind of a person who doesn't like arguing. Using a global brand which handles shit smoothly is valuable to consumers.
Re: The Drivers Cooperative
#314Earlier quoted context omitted.
App provides value, global brand has some value. There is absolutely no reason for ride hailing app to get 10-20% markup per ride. I suspect that after the competition really kicks in, Uber/Lyft must settle for 1-3% per ride or less.
This. I never got how Uber was still unprofitable for so long. Sure you have a bunch of Silicon Valley salaries to pay but realistically speaking, one could build an Uber/Lyft for under $1M and basically can operate with two or so devs fixing issues. Yet, they are blowing hundreds of millions of dollars yearly all over the place while shorting drivers who can’t make a living wage and are basically trading vehicle exp…
Re: The Drivers Cooperative
#315Earlier quoted context omitted.
My numbers were talking app expenses, obviously a company of Uber's scale would need 100+ employees. I broke down below that if they worked at their current scale and charged just a penny, they could pay their employees an average of $100K per year and still make millions in profit after spending millions on Infrastructure. Uber bills on average more than 100-200 times that and spends insane numbers on unprofitable p…
Nope, your words were clear - you were flat out wrong, and are now trying to save face. I don't have a tendency to call people out, but blindly applying the "two devs in a garage" axiom is not only wrong when it comes to labor marketplaces, but it also unnecessarily spreads discontent to the point that we have to stop this silliness. I don't care one bit about your recalculated math from now on - for me, you're just…
Re: The Drivers Cooperative
#316Earlier quoted context omitted.
I've noticed credit unions in the US are like this. They are generally locally operated, but they have formed networks so that you can e.g. go into a branch in Maryland and perform transactions on your account held in Georgia. They have also banded together to develop credit union apps, since banking apps are essentially universal in function. Reaching critical mass for these ride hailing apps would be a challenge, b…
We don't really see coop payment networks in wide use although, and Uber is more like a Visa or Ebay than they are a bank.
Re: The Drivers Cooperative
#317Earlier quoted context omitted.
> What keeps Uber competitive is access to a relatively cheap reservoir of labor force. Cheap labor force means someone is underpaid. If the coop cuts the middlemen out and transfer the extra to drivers then it's a win-win: drivers get more and customers pay the same for a better service because well-paid driver => good service.
Underpaid compared to what? If people are willing to do the work to a high professional standard for a certain wage, than that is the right compensation for that job. When you setup arbitrary fair wages above market, you must also somehow protect them from intruders from other fields willing to change jobs and benefit from the higher wages in your field. This is exactly what a co-op ends up doing most of the time - i…
You said: "relatively cheap". Relative to what?
Re: The Drivers Cooperative
#318Earlier quoted context omitted.
I've noticed credit unions in the US are like this. They are generally locally operated, but they have formed networks so that you can e.g. go into a branch in Maryland and perform transactions on your account held in Georgia. They have also banded together to develop credit union apps, since banking apps are essentially universal in function. Reaching critical mass for these ride hailing apps would be a challenge, b…
We don't really see coop payment networks in wide use although, and Uber is more like a Visa or Ebay than they are a bank.
Re: The Drivers Cooperative
#319Earlier quoted context omitted.
The single benefit of Uber having a global presence likely already outweighs the value of these local coops. You can get off an airplane just about anywhere in the world and get an Uber. That’s huge value.
A local coop doesn't have to go worldwide to be meaningful. Not all businesses shall grow indefinitely. If they can get a core customer base and hold it steady, it'd be much more valuable and impressive over time. They try to make a living, not to dominate the world for money.
Re: The Drivers Cooperative
#320It's always surprised me that we haven't seem more attempts at co-op like models in spaces like this, and I'm happy to see it. Uber/Lyft strike me as thin businesses in the value that they actually provide both to riders and drivers. Yes, they were responsible for some initial innovation, but now the cat is out of the bag, and the concept could absolutely be applied in a business structure that is more profitable and…