Re:Benchmark Capital Sues Travis Kalanick for Fraud
by uhhhhhhh on Friday August 11, 2017 @07:58AM
(#14988709)
I would disagree with the order of events here. His actions and business practices directly led to 'a world allied against uber', and getting kicked out of cities. That wasn't incidental, it was a direct result of their choices and behavior. You can't use the results of his actions to explain his actions.
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Re:Benchmark Capital Sues Travis Kalanick for Fraud
by btown on Friday August 11, 2017 @11:09AM
(#14990424)
The alternative would be licensing as a taxi company everywhere, which would invite the same political battles with entrenched operators (only with less leverage, since you'd be fighting the battles before you had the user base). So conflict is inevitable with this business model.
Re:Benchmark Capital Sues Travis Kalanick for Fraud
by uhhhhhhh on Monday August 14, 2017 @12:14PM
(#15009783)
Ubers legal battles were because they didn't license, and thus got kicked out of multiple cities by violating their requirements.
By working with licensed drivers/companies or licensing their drivers, they would have avoided much of that problem, admittedly that would add to their revenue vs profit/yearly loss issues they have now. Lyft is in a similar boat, trying to lower loss-per-ride and get to a profitable state. It appears based on media reports that Lyft, despite not sharing many of the conflicting business approaches Uber used, is actually ahead of Uber at working its way to profitability.