Re:How Uber Makes Money
by yesenadam on Sunday February 03, 2019 @05:35PM
(#19072684)
(I've managed to hardly read anything about Uber before on here, so excuse the naïvety)
So it's virtually a pyramid scheme?! Sounds like the main benefit for drivers (apart from low wages) is a large bonus for referring other new drivers. Uber spends most money getting more drivers, and ever expanding. The early drivers got paid well (from bonuses), and so do those running the company, I assume. So when the global supply of new drivers runs out,..what?
So it's virtually a pyramid scheme?! Sounds like the main benefit for drivers (apart from low wages) is a large bonus for referring other new drivers. Uber spends most money getting more drivers, and ever expanding. The early drivers got paid well (from bonuses), and so do those running the company, I assume. So when the global supply of new drivers runs out,..what?