I'm really confused on what to think about Uber. My personal thinking/logic is really bearish on them, similar to the post on the front page yesterday [1]. However, I keep seeing extremely smart/accomplished people joining it which makes me second guess my intuition. [1] https://news.ycombinator.com/item?id=13437414
Uber has done nearly everything right. I think its main vulnerability is that its laborers are a fickle bunch and Uber hasn't done enough to inspire any loyalty. All Uber drivers I talk to alternate between Uber and Lyft and exploit any promotions or incentives either firm offers. Uber has the opportunity to revolutionize not just logistics but also on-demand employment, but has lagged in the latter, leaving the door…
How much of these can you offer before they are considered employees and you have to actually start treating them as such?