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by langer 4612 days ago
More interesting will be to see stats on car purchase rates in Uber and Lyft's top cities over the coming years. In SF, car ownership is becoming a luxury amongst people I know - they either have a sports car, or no car and use Uber/Lyft/Zipcar for transportation everywhere.

A recent David Sacks tweet claiming this got a lot of attention: "Why Uber/Lyft market is so much bigger than people think: it's not a substitute for cabs, it's a substitute for driving." https://twitter.com/DavidSacks/status/378305832602980353