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A comment on Rideshare operations are being suspended in California. Parent comment

Re:Rideshare operations are being suspended in California by matmann2001 on Thursday August 20, 2020 @03:39PM (#24227799)
Playing devil's advocate here, but how do you think they managed to make a more affordable solution? If you think it's entirely due to their technology, I'm afraid you'd be mistaken.
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Re:Rideshare operations are being suspended in California by BadassFractal on Thursday August 20, 2020 @04:00PM (#24228107)
Not obvious, but entirely plausible. I'd be curious to see what a more sustainable pricing would look like on the consumer's end.
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Re:Rideshare operations are being suspended in California by matmann2001 on Thursday August 20, 2020 @05:04PM (#24228953)
More than plausible. The fact that Uber does not generate profit means they are effectively subsidizing rides with VC and IPO funds.
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