Sooo:
* Taxi drivers are not really known to be earning well
* Taxi drivers cheat to increase their earnings
* Uber is cheaper than taxis
How does that work?
* Taxi drivers are not really known to be earning well
* Taxi drivers cheat to increase their earnings
* Uber is cheaper than taxis
How does that work?
2. Accountability. Uber tracks things properly.
Ita no different to the $10 PayPal gave people for signing up or the $7 of BTC Coinbase give to referrals really.
A good report on why Uber is not profitable: https://www.cbinsights.com/research/report/how-uber-makes-mo...
1. VC Money
2. Will collapse unless they put the price up
3. In America there was some crazy medallion system
4. VCs are selling off their shares before the whole thing collapses
No one runs away without paying at the end of the journey.
You never get robbed because you have no cash.
Very few people will vomit etc all over the back seat or damage the vehicle costing the driver. When they do, you've covered.
Insurance is handled before you're paid, so you get a bulk discount, pay with pre-tax money and only pay for the insurance you need.
The flexibility means you only have to work when there is actual demand and it suits you to. No more sitting alone in a cab with nothing to do for hours between rush hours, you can work a 9-5 and drive for uber on the weekends etc. Earning well is a lot less when it's a top-up on your other job than when this is all you have.