[acd]

Another pets.com I do not understand what is so revolutionary about Uber especially in countries which as good Taxi companies. For me Uber is a hyped glorified black taxi.

$50 billion valuation for a taxi company common!

[fineman]

Yeah, the valuation is all in the trademark. "New Economy". There's nothing preventing Uber2 from taking over (except a big ugly pink mustache.)

But the customer service of Uber/etc is night and day different than Taxis. There's no question the takeover will happen.

Taxi drivers and taxi companies seem to see medallions as a license to cheat and steal. Good riddance.