[adjkant]

I believe I said exactly that above. I just don't think that either choice will result in a successful business.

Uber and Lyft got popular because they made taxis artificially cheap as well as the convenience and efficiency. Take away the cheap aspect and the market will significantly shrink.

I don't think they can squeeze the drivers enough to be profitable because drivers will leave for other unskilled jobs if the wage drops below them. I don't know the internals of their business, but the strike today and the arbitration play seem to be showing that's fast approaching.

[kopos]

Uber and Ola have changed the perception for on demand transportation in a big way. There is a price elasticity that the market has demonstrated. With public transport being bad as it is, these hail ride apps are not going away. Maybe a slight decrease but the world is not going to preUber days