| Actually, I think I used Uber after it got slightly more expensive too. But, sure, it's hard to know how much of it is VC money -- are you sure they subsidize much beyond software development? > The economics of the industry haven't changed dramatically - it's expensive to pay people to be your chauffeur. True, and if we allowed more free competition on the market Danish chauffeurs would be out of a job real quick. Replaced by immigrants. But the size of the market did change. And that was my point :) I think there is more people making a living driving Uber, than there was driving taxis [citation needed] ;) You could argue that Danish chauffeurs would loose their jobs.. but part of me thinks: so what? We have low unemployment, why not have them work more productive jobs? > Or is the majority of that value just being scooped up from previous incumbents? So you think the majority of riders used taxis regularly before? I certainly didn't, and I still don't -- but ride-sharing services I would use it available. |