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by wskinner
332 days ago
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Amazon’s capex is not funded by venture capital. It is funded by people buying things from Amazon or services from AWS. Uber hasn’t raised from VCs in years, and their business is far bigger than it was back when they were losing money. The idea that SF residents choose to use Uber rather than BART because Uber is cheaper is simply wrong - Uber is much more expensive than BART, and with some notable exceptions for shared rides, that was true during the VC funded growth period as well. |
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The cost of these services is artificially suppressed to drive adoption, at the cost of our environment.
> The idea that SF residents choose to use Uber rather than BART because Uber is cheaper is simply wrong
When I lived in SF. Uber and Lyft cost between free and $5 to go anywhere in the city. Yes, $5 is more than the $2.75. But for price of a cup of coffee more, Uber would pick you up and drop you off exactly where you needed. Taking muni or bart involved walking, waiting, more waiting, and then more walking.