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by syshum 2108 days ago
I dont think there are... Uber and Lyft filled a market need for lower cost ride services.

The key was they were LOWER COST than a taxi, if everyone had to be full employee's with all of the costs that entils it is likely the fare will be at or higher than taxis,

And given there would be less competition between drivers, the service would also drop

It would just be a taxi service which was universally hated as too expensive with poor service.

1 comments

Did they actually cost less after accounting for a normal profit margin? My understanding was that Uber lost money on each ride, right?
>My understanding was that Uber lost money on each ride, right?

AFAIK in mature markets they made a profit