Lending Club plans layoffs, discloses loans to former CEO and family members

Post by stormbrew » Wed, Jun 29, 2016, 6:05 AM UTC

p4wnc6 wrote: post #119

stormbrew wrote: post #97

Earlier quoted context omitted.

Meanwhile, in drops in credibility, you say this: > While there is some variability in taxi arrival time (just as there is with Lyft or Uber arrival time), taxis typically are no later or more difficult to estimate. You just tell them when the taxi should arrive and that's when it will be there. A charitable interpretation of this is that you must live a charmed life. The only people I know who say things like this a…

I live in a rural area of northern Indiana that is about 1 hour outside of a medium-sized city (around 250,000). I don't own a car. I rely on rides from family, and unusual combinations of taxis and buses when in town. I've experienced none of the problems you describe, and I've used taxis in small (less than 30,000 people), medium (100,000 - 300,000 people) and large (Boston (where I lived for a long time), Chicago…

Post by jsemrau » Wed, Jun 29, 2016, 12:48 PM UTC

geomark wrote: post #80

pbarnes_1 wrote: post #35

Earlier quoted context omitted.

The success of Uber in a city is directly proportional to how much taxis suck in that city. So Singapore is one of a few cities where that's the case (NYC also -- Uber doesn't really work there. I was there for 8 days and requesting an Uber as a 10-15 minute wait. You can get into one of a million cabs that go by in that time. I gave up).

Same in Bangkok. Taxis are plentiful and cheap. But like elsewhere if you flag one down they often refuse you if you want to go somewhere inconvenient for them. That's where a taxi hailing app like GrabTaxi is useful. It works like Uber except it's a taxi that picks you up. Uber exists here but hasn't got much traction (as far as I know).

Post by traviscj » Wed, Jun 29, 2016, 1:33 PM UTC

ycombobreaker wrote: post #98

Zarel wrote: post #74

Earlier quoted context omitted.

That sounds pretty legitimate if the laws don't actually protect people, and have been corrupted by wealthy interests, such as taxi medallion owners. Or if the laws are outdated. Ubers are consistently safer than taxis, provide better customer service, don't intentionally take long routes to scam you, actually take credit card instead of pretending their credit card reader is broken, don't refuse to drive you because…

> actually take credit card instead of pretending their credit card reader is broken After you've arrived at your destination, have you really found any taxi driver who would rather take _no payment_ than a credit card? If all you have is plastic--and if the driver is required to accept that form of payment--then I guess I don't see the problem (for riders). I've had drivers take my credit card # on a carbon copy phy…

Post by rando18423 » Wed, Jun 29, 2016, 3:19 PM UTC

Zarel wrote: post #74

ocdtrekkie wrote: post #8

Earlier quoted context omitted.

It seems a common way to "disrupt" a market is to find a loophole to call yourself something else so you can avoid all the laws everyone else is beholden to that were put in place for people's protection.

That sounds pretty legitimate if the laws don't actually protect people, and have been corrupted by wealthy interests, such as taxi medallion owners. Or if the laws are outdated. Ubers are consistently safer than taxis, provide better customer service, don't intentionally take long routes to scam you, actually take credit card instead of pretending their credit card reader is broken, don't refuse to drive you because…

Post by rahimnathwani » Wed, Jun 29, 2016, 4:44 PM UTC

rando18423 wrote: post #127

Zarel wrote: post #74

Earlier quoted context omitted.

That sounds pretty legitimate if the laws don't actually protect people, and have been corrupted by wealthy interests, such as taxi medallion owners. Or if the laws are outdated. Ubers are consistently safer than taxis, provide better customer service, don't intentionally take long routes to scam you, actually take credit card instead of pretending their credit card reader is broken, don't refuse to drive you because…

Protect people! Ha! The laws covering cabs require them to go into undesirable areas so those that can't afford a full car can still get around, accept cash payments for those unable to get credit, vehicle inspections, and so on. When you say protect people, do you just mean the people in your bubble where everyone has a card?