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A comment on Lyft Announces Q1 Earnings. Parent comment

Re:Lyft Announces Q1 Earnings by ghaff on Tuesday May 07, 2019 @07:41PM (#19854513)
No need to limit it to city centers. Raise prices, throttle driver recruitment, and the market will adjust accordingly. More locations will naturally lack the density of a healthy driver and passenger network.
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Re:Lyft Announces Q1 Earnings by mgkimsal on Tuesday May 07, 2019 @09:50PM (#19855230)
> throttle driver recruitment

maybe they could have uber drivers buy shiny medallions at a moderate cost, but then limit the supply of those medallions per market? drivers could sell their medallions for market value.

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Re:Lyft Announces Q1 Earnings by braythwayt on Tuesday May 07, 2019 @10:36PM (#19855454)
Underrated comment.

Sometimes, we disrupt a business, but fail to disrupt the underlying market forces that shaped the business in the first place.

I suspect that until we have robo-taxis, uber and Lyft can displace the existing taxi companies by being new and high-tech, but in the end they have the same market forces acting on their availability and pricing that act on taxi companies.

So they will wind up being the new taxi companies.

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Re:Lyft Announces Q1 Earnings by icebraining on Wednesday May 08, 2019 @11:46AM (#19859971)
Taxi medallions weren't imposed by market forces.
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Re:Lyft Announces Q1 Earnings by neosat on Wednesday May 08, 2019 @12:49PM (#19860653)
This ^. Taxi medallions were the opposite of letting market forces do their work.
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