Uber CEO Stunned When He Heard Cost of 3-Mile Uber Ride

#1

Post by stevenjgarner » Mon, Aug 07, 2023, 1:55 AM UTC

Uber CEO Stunned When He Heard Cost of 3-Mile Uber Ride
futurism.com

Re: Uber CEO Stunned When He Heard Cost of 3-Mile Uber Ride

#2

Post by npace12 » Mon, Aug 07, 2023, 2:30 AM UTC

Last year, I traveled from DC to NY overnight, and it was 2.5x surge pricing. When i got to my destination, I stuck around in the car to see what the driver app was saying. I paid close to $900, driver took ~$250, the entire surge pricing difference went to Uber. I was thinking, that's an crazy markup over their AWS bill but really it's just a robbery.

Re: Uber CEO Stunned When He Heard Cost of 3-Mile Uber Ride

#3

Post by barbazoo » Mon, Aug 07, 2023, 2:38 AM UTC

npace12 wrote: post #2

Last year, I traveled from DC to NY overnight, and it was 2.5x surge pricing. When i got to my destination, I stuck around in the car to see what the driver app was saying. I paid close to $900, driver took ~$250, the entire surge pricing difference went to Uber. I was thinking, that's an crazy markup over their AWS bill but really it's just a robbery.

> With Uber, the vast majority of your fare is going to your driver

Surely the CEO wouldn't lie to us /s

Re: Uber CEO Stunned When He Heard Cost of 3-Mile Uber Ride

#4

Post by RockRobotRock » Mon, Aug 07, 2023, 2:40 AM UTC

Thought this was going to be about how little Uber drivers were paid

Re: Uber CEO Stunned When He Heard Cost of 3-Mile Uber Ride

#5

Post by DonsDiscountGas » Mon, Aug 07, 2023, 2:51 AM UTC

npace12 wrote: post #2

Last year, I traveled from DC to NY overnight, and it was 2.5x surge pricing. When i got to my destination, I stuck around in the car to see what the driver app was saying. I paid close to $900, driver took ~$250, the entire surge pricing difference went to Uber. I was thinking, that's an crazy markup over their AWS bill but really it's just a robbery.

Isn't (at least part of) the point of surge pricing to bring more drivers out onto the road? Or was that just a lie.

Re: Uber CEO Stunned When He Heard Cost of 3-Mile Uber Ride

#6

Post by mlinhares » Mon, Aug 07, 2023, 2:53 AM UTC

npace12 wrote: post #2

Last year, I traveled from DC to NY overnight, and it was 2.5x surge pricing. When i got to my destination, I stuck around in the car to see what the driver app was saying. I paid close to $900, driver took ~$250, the entire surge pricing difference went to Uber. I was thinking, that's an crazy markup over their AWS bill but really it's just a robbery.

I hope he found someone doing the way back, that must have been a horrible time.

Re: Uber CEO Stunned When He Heard Cost of 3-Mile Uber Ride

#7

Post by acjohnson55 » Mon, Aug 07, 2023, 2:59 AM UTC

npace12 wrote: post #2

Last year, I traveled from DC to NY overnight, and it was 2.5x surge pricing. When i got to my destination, I stuck around in the car to see what the driver app was saying. I paid close to $900, driver took ~$250, the entire surge pricing difference went to Uber. I was thinking, that's an crazy markup over their AWS bill but really it's just a robbery.

You took an Uber overnight from DC to NY? That's wild.

Re: Uber CEO Stunned When He Heard Cost of 3-Mile Uber Ride

#8

Post by metadat » Mon, Aug 07, 2023, 3:28 AM UTC

Discussed 3 days ago:

Uber CEO stunned by $52 fare for 3-mile ride - https://news.ycombinator.com/item?id=37000811 (101 comments)

Re: Uber CEO Stunned When He Heard Cost of 3-Mile Uber Ride

#9

Post by cryptonector » Mon, Aug 07, 2023, 3:32 AM UTC

DonsDiscountGas wrote: post #5

npace12 wrote: post #2

Last year, I traveled from DC to NY overnight, and it was 2.5x surge pricing. When i got to my destination, I stuck around in the car to see what the driver app was saying. I paid close to $900, driver took ~$250, the entire surge pricing difference went to Uber. I was thinking, that's an crazy markup over their AWS bill but really it's just a robbery.

Isn't (at least part of) the point of surge pricing to bring more drivers out onto the road? Or was that just a lie.

Would you drive someone 4.5 hours from DC to NYC for $250? The drive back would be $0, so $250 / 9, minus gas and mileage. It's very little. Meanwhile Uber got $650. I wouldn't do it.

Re: Uber CEO Stunned When He Heard Cost of 3-Mile Uber Ride

#10

Post by xwdv » Mon, Aug 07, 2023, 3:33 AM UTC

acjohnson55 wrote: post #7

npace12 wrote: post #2

Last year, I traveled from DC to NY overnight, and it was 2.5x surge pricing. When i got to my destination, I stuck around in the car to see what the driver app was saying. I paid close to $900, driver took ~$250, the entire surge pricing difference went to Uber. I was thinking, that's an crazy markup over their AWS bill but really it's just a robbery.

You took an Uber overnight from DC to NY? That's wild.

If it had not been surged price, it would have been a hell of a deal.