News for hackers. Stuff that matters.

A comment on Inside Uber’s Aggressive, Unrestrained Workplace Culture. Parent comment

Re:Inside Uber’s Aggressive, Unrestrained Workplace Culture by lmm on Thursday February 23, 2017 @08:22AM (#13713584)
> When the subsidies run out we will all be fine, drivers included.

If Lyft is still subsidised they'll replace Uber, sure. What happens when the VC subsidy moves away from the category entirely though?

[ Parent | on HN ]
Re:Inside Uber’s Aggressive, Unrestrained Workplace Culture by bduerst on Thursday February 23, 2017 @04:22PM (#13717908)
Yep - Precisely my point. The "competitors" for ridesharing are also VC funded.

Once the cash runs out then the supply will return to previous market levels.

[ Parent | on HN ]