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by _jal 3375 days ago
> Uber has been able to provide a competitive service by legally structuring themselves in a way maximizes return for the themselves, for the driver, but still keeps costs low client due to say structuring.

In fact, they haven't. They're taking a huge loss on subsidies to the fares.

1 comments

That the maximum is a loss doesn't negate it's place as the maximum. They could do worse for themselves. A house could burn down faster.
Of course. I was pointing out that they are not keeping costs low. They are just unsustainably subsidizing them.