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Re:Silicon Valley Venture Capitalists Prepare for an I.P.O. ... by Retric on Monday April 16, 2018 @09:59AM (#16849009)
Increasing costs to add a driver does not prevent company's from adding new drivers it just makes that more expensive. Thus, you need to consider it as another form of cost savings not a difference in the number of drivers.

A company that pays 50$ less to get an employee can reduce fairs on the order of 1 cent or make an extra 1 cent per ride. It's possible Uber might add a few cents per ride this way, but it's not particularly significant even assuming the average driver does not last that long.

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