Will Uber and Lift continue to be a win when the VCs start wanting to see some of their money back? Or will the prices start rising back to the old taxi rates, then past?
Now that we're talking about public companies, there are a lot of them. Any concern about price gouging you might have should extend to all these companies.
If not, why not?
So it feels that they'll have to change something big to meet expected returns.
And the fear is that, as they succesfully managed to kill the incumbent, they are free to change the most obvious parameter, the pricing.
I heard the same thing about amazon. That the inevitable huge price increases are coming. Hasn't happened yet.