[autotech]

Indeed, one of the things Uber disrupted was many lifelong taxi owner-operator’s retirement plans. An NYC taxi medallion was a valuable asset. It was a promise for exclusive market access. Giant $1M loans were taken out to pay for this privilege. NYC just turned around and gave it all away to Uber. When the value of NYC taxi medallions fell, while Uber was heavily subsidizing fares, small business owners were going bankrupt. Several people committed suicide. Real people lost their livelihoods while Kalinick and his buddies congratulated each other.

[adamqureshi]

Showtime made a show about uber" Super Pumped" on showtime rigth now. Apple made a movie about We Work ( Adam neuman). HULU made a show about Elizabeth Holms. "Theranos". Nobody made a movie about yellow taxi cab drivers who lost it all when their medallions went to the SH*T house after uBER decimation to the yellow cab medallion industry in NYC.