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Could a community-owned Uber clone work?
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1 points
by biznerd
3414 days ago
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The mutual fund company Vanguard is a co-operative, owned by its investors. It is essentially a non-profit. Would this model work for an Uber clone? * It could split the profit evenly by simultaneously raising the driver rate and lowering prices.
* It could "growth hack" and by having drivers initially promote the app. If you get in an Uber/Lyft the driver could be like "hey man, next time you get a ride use _this app_, it helps both of us out
- If it ever achieved a sizable market share, it could save massively on advertising and return marketing costs back to both drivers and riders. |
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