Hacker News new | ask | show | jobs
by IllIlIIllI 820 days ago
Have the lawsuits/regulation been anything that taxi companies didn't also have to deal with when they had a monopoly though? I don't really see it as disrupting the system if you just don't pay the taxes or follow the regulations of the other guy.

I'm starting to think that ride sharing is just an area where you can have a profitable, sustainable company (taxis) but not the sustained, exponential growth a company like Uber is pitching. If Uber was happy to settle for paying drivers decent (but low) wages and operate at a sustainable level they would probably be fine, but that's a death sentence for a publicly traded company in their position.