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A comment on Disrupting Uber. Parent comment

Re:Disrupting Uber by madgar on Sunday July 31, 2016 @06:21PM (#12199212)
You don't believe that network effects, or first-mover advantage, play any role in the ride-sharing markets? You think it's 100% about price?

Peter Thiel would like to have a word with you. We're supposed to be building monopolies that no natural market force can topple.

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Re:Disrupting Uber by davidf18 on Sunday July 31, 2016 @06:41PM (#12199264)
>> Peter Thiel would like to have a word with you. We're supposed to be building monopolies that no natural market force can topple.

For Netflix, sure.

People spend a considerable amount of money on Uber/Lyft etc at least in NYC where I live, thus many would respond to a competitor with a 20% to 30% discount or more. This is possible in NYC because the rates are so much higher than other cities.

But there are a lot of people who need taxi like services that are price sensitive. Think of elderly who aren't able to drive or use mass transit so well and are on a fixed income.

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