[zoomzippity]

Prices likely won't go up when taxis are gone. Uber doesn't consider taxis to be a competitor. Uber is trying to compete with car ownership. Liquidity begets liquidity. This is why marketplaces like stock exchanges and Amazon are natural monopolies.

[andygates]

So if prices don't go up, and prices are only held artificially low by burning VC money, what happens to the company? I'm not seeing an end-game that isn't "VCs pull out" or "prices go up".

[linkregister]

The best thing is, if any of these ride sharing services raise prices too high, taxis will return. In comparison, they are cheap to start and operate.