[JumpCrisscross]

> the details of "fine" aren't clear

They’re not, particularly since “spending and losing VC money” is often tossed around Uber, which doesn’t make sense, since it’s no longer VC backed.

I’m interpreting your sentiment as having a cash-flow positive operating model. Ridesharing absolutely works on a fundamental level with enough gross profit to fairly compensate drivers. (It doesn’t if drivers can log on and off at will, nor in low-population density or poorer areas.)

[boh]

I'm sure we'll see plenty of "gross profit" in their non-GAAP financial statements. I guess it doesn't take much to have people defend companies they know so little about in industries they have no experience in. Marketing really works I guess. Btw the Revel NY ridesharing isn't going so well:

https://www.wsj.com/articles/new-york-city-commission-thwart...

[JumpCrisscross]

> sure we'll see plenty of "gross profit" in their non-GAAP financial statements

You claimed the “moment that [ridesharing companies] have to start treating drivers like employee's they can't make money.” I showed a counterfactual. You’re doubling down with hunches and suppositions.

> Revel NY ridesharing isn't going so well

You’re citing an article from 2021 on the TLC blocking Revel’s application for more vehicles [1]. (It was since approved.) How is the government telling a company to stop growing an indictment of their business model?

[1] https://www.wsj.com/articles/new-york-city-commission-thwart...