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A comment on The Unicorns Fell into a Ditch. Parent comment

Re:The Unicorns Fell into a Ditch by qppo on Monday May 18, 2020 @04:18PM (#23227839)
I have never once called an Uber because it was cheaper than alternatives. It's more convenient, reliable, and except for certain times transparent about pricing.

They can increase the prices significantly and I will continue to use them over cabs.

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Re:The Unicorns Fell into a Ditch by TheCoelacanth on Monday May 18, 2020 @05:29PM (#23228596)
The real question is whether you will take an Uber for $25 instead of a Lyft for $20.
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Re:The Unicorns Fell into a Ditch by usefulcat on Monday May 18, 2020 @05:19PM (#23228503)
Those are all valid points, but from a business perspective the biggest problem for Uber is and always been that their product is fundamentally a commodity. Sure, economies of scale can help, but nothing they can do can change that underlying truth.
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Re:The Unicorns Fell into a Ditch by oezi on Monday May 18, 2020 @04:58PM (#23228280)
Sounds like a darn weak moat to build a 58b USD valuation on.
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