Why yellow cabs are (again) your best bet in New York City
thepointsguy.com
thepointsguy.com
I always heard stories growing up about suddenly getting charged a ton of money for a cab ride, taken on a detour, not being able to get a ride to Brooklyn, black people having trouble getting rides, etc. Switching back to taxis is kind of like getting people under 30 to switch back to cable TV from streaming services if Cable TV suddenly became 1/3 of the price.
Still, a ton of New Yorkers still ride taxis everyday. It's just not as publicized especially if you're new to the city. The main thing I always liked about Uber and Lyft is predictable prices. That is, unless you call a taxi company and ask how much it would cost to take you to the airport which is usually a lot cheaper.
Lyft/Uber seem very predatory with respect to their drivers, but how they were able to align the incentives of having a comfortable ride and better experience were great.
The Taxi medallion system seems incredibly antiquated, unfair and unnecessary and the general experience of cabs is so much worse. Contactless is nice but you still have to contend with drivers asking for cash only and other weirdness / sketchiness.
I view transportation as a public good and wish that there were more municipal APIs that exposed: "I'm here (lat/long) and want to go to (lat/long)?" and then let all the different services bid on those.
>“I was taking a cab from Central Park and there was an open cab right in front of me,” said Maddie Tarr, a product manager at TPG.
>“I will hail a cab when I’m out and about over an Uber/Lyft but they’re harder to find, so be prepared to wait,” said TPG writer Stella Shon.
>“I still waited an hour for a cab that cost 2x the price of an Uber or Lyft, but I couldn’t have gotten an Uber or Lyft for hours,” Melanie Lieberman, TPG’s senior travel editor,
Yeah, well that's Manhattan. Try finding a yellow cab the further out in Bronx, Queens, or Brooklyn. Good luck.
And have fun paying the non-airport/non-flat rate yellow cab fares. I can count on two hands the number of times I paid for a yellow cab. They're not worth the cost and lack of convenience for most New Yorkers.
That's what green taxis are for.
And honestly I don't see a point in not accepting both taxis and Uber as an option. Taxis have an app too now, the same way I check Lyft if Uber prices look stupid for a given trip, I also check Curb
Outside of Manhattan or hip/busy neighborhoods you're SOL when it comes to finding a yellow or even green cab. So those of us not worthy of cab traffic have had to phone a car service and now lyft or uber.
Personally I mainly use Lyft buy my senior mother prefers car services as they are not beholden to metrics. Those drivers will help you carry items and even wait for you to safely get in your home before driving off if there are some characters about. My mother feels safer with a more personable service.
> Let’s face it: There is something just so New York about taking a cab.
Ugh.
Come on now.
I'm over in SF, but you know what app I can use to summon a taxi? The Uber app. What can I use to get bus routes/schedules? The Uber app. Nearby scooters? The Uber app.
This article is clinging to the one trick pony narrative that ridesharing prices are higher for airport trips right now (it ought to be extremely telling that they keep talking about Lyft, which has lower market share and thus higher prices). If you think ridesharing is solely about airport trips, you're kinda missing the point of what "taking over the world" means to Uber.
Isn't that the plan, to destroy any competition, afterwards being able to cherry pick anything, anywhere, anytime, at any price, while having the drivers their dependent bitches?
Any idea of "destroying competition" also clearly is oblivious of what actually is happening in the industry. Uber made some acquisitions sure (e.g. Careem, Autocab), but also ceded marketshare in exchange for equity in various markets (Didi, Grab, Zomato) and did partnerships in others (e.g. SKTelecom). It definitely has its hands in a lot of pots, but monopolistic it is not. Its latest courier marketing slogan was literally "we're not the jealous type"...
As for Lyft, I don't believe it's ever been in a position to be able to aim for a monopoly of any sort.
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> For the quarter ended Sept. 30, the company said it expects to report between a $25 million loss and a $25 million profit on an adjusted basis
Today was its earnings call, where it reported profits of "$8 million worth of adjusted EBITDA"[0].
If you read your article, it says it's projecting 100M in ebitda for Q4.
[0] https://techcrunch.com/2021/11/04/uber-squeaks-tiny-adjusted...
Generally speaking, once a company goes public, it must start showing results.