Since the past week I've learned a few things:
- all the drivers have both apps running and have no loyalty
- drivers prefer uber customers, however
- drivers don't like lyft's demo of college kids and local rides, it earns them no money
- lyft drivers think uber is evil, uber drivers thinks lyft drivers are hippies
- all the international travelers coming into silicon valley have uber and used to uber service
- uber dispatches to lyft dispatches are a 5 to 1 ratio
- drivers always complain lyft keeps them afloat but doesn't get them ahead
- uber, whether intentionally or not, actually has viable career plan. an uber black driver i rode with on the lyft service explained how after selling his real estate company and investing in three lincoln escalades was able to make his money back on one of the cars after 7 months.
- all the drivers concur uber is pretty evil, don't like the 1099 relationship, hate how uber corporate doesn't support the drivers over customers or incidents, yet sadly resign and accept the situation. it's oddly depressing talking to a uber driver.
Over half a billion dollars at the E round is quite a lot to drop into a "community" instead of Uber's business.
Hopefully the money is put into innovating locally instead of international expansion because they're definitely losing the game. And when the automated cars are here it would have been the tech game's worst investment cycle.