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by aetherson 2 hours ago
I mean, he was pretty vindicated on Uber. Which kind of hurts me to say, I was a long time Uber bear. But it did indeed emerge from the pandemic stronger.
2 comments

They also spent a ton of money to get an unchangeable law passed in their favor to bypass employment regulations.
> unchangeable law

WTF do you mean by this? Even constitutions can be amended, and if an odious law cannot be changed through politics then that only means it will be changed by other means.

yeah I was a uber bear too, some how it has turned around

I was betting on the taxi drivers revolting, but the capital markets have prevailed

In what country would taxi drivers revolt?

I think in most countries the drivers get paid by the taxi license holders and usually can make more money and/or more have more flexible working conditions driving for Uber.

See eg https://www.statista.com/chart/6971/fare-deal-taxi-drivers-e...

>I was betting on the taxi drivers revolting, but the capital markets have prevailed

Capital Markets found in favor of giant corporation Uber instead of giant corporation Cabcharge.