News for hackers. Stuff that matters.

A comment on Uber’s self-driving cars start picking up passengers in San Francisco. Parent comment

Re:Uber’s self-driving cars start picking up passengers in S... by ASinclair on Wednesday December 14, 2016 @01:01PM (#13178107)
> Ya, Uber just wants people to think they provide better service at lower prices than their competition; and the tricksters, they're doing it by working to provide better service at lower prices than the competition.

The prices are lower because they're subsidized with invested money and debt.

[ Parent | on HN ]
Re:Uber’s self-driving cars start picking up passengers in S... by beambot on Wednesday December 14, 2016 @02:46PM (#13179049)
> they're subsidized with invested money and debt.

So are public utilities, public resources, and all levels of government (local, state, & federal)...

[ Parent | on HN ]
Re:Uber’s self-driving cars start picking up passengers in S... by cududa on Wednesday December 14, 2016 @04:33PM (#13179851)
Unless the government decides to nationalize Uber, what's your point?
[ Parent | on HN ]
Re:Uber’s self-driving cars start picking up passengers in S... by beambot on Wednesday December 14, 2016 @07:38PM (#13181216)
That subsidization with invested money and debt is not uncommon, atypical, or untoward. In fact, those same instruments are used by most companies (not just startups) in one form or another. Actually, they're used by almost every entity in our economy, even individuals (ie. credit cards and mortgages). So the GP's point was moot.
[ Parent | on HN ]