Uber business model is:
- Make money willfully violating the law
- Use a portion of the money to pay fines, settlements, cover ups. Keep violating the law
That's how they expanded to many countries before they were even authorized.
- Make money willfully violating the law
- Use a portion of the money to pay fines, settlements, cover ups. Keep violating the law
That's how they expanded to many countries before they were even authorized.
- hire a PR firm to flood new cities with stories of how g great uber is
- build up a huge rider and driver base by offering riders deep discounts and drivers big bonuses
- when threaten with regulations email the user base asking them to contact city officials because regulators are stifling innovation and limiting consumer choice... asnd throw in a line about taxis being old and crappy. They did this exactly when it wad announced London banned them.
So true. They subsidized rides and operated at a loss just to capture all the market, then backstabbed the drivers to profitability.
Now there are drivers below minimum wage.
There was some nuance to it and valid points being made by both the city and Uber but Uber's absolutely over the top response and absolutism turned a lot of residents of the city off of them.