Re:Uber and Lyft don't save money, time, or the planet
by lhorie on Thursday October 21, 2021 @11:31AM
(#28945915)
Anecdotes are not data etc, but my daughter attended a friend's birthday party recently and the friend's dad told me he had been out of work due to covid so started doing Uber and was bringing in $3k/week and had managed to pay off a ton of debt thanks to that (this convo happened in SF last week). Needless to say, I was extremely surprised, as the media generally gives the impression that driver earnings are crap.
[ Parent
| on HN ]
Re:Uber and Lyft don't save money, time, or the planet
by brewdad on Thursday October 21, 2021 @11:56AM
(#28946381)
I'll buy that your friend may have made $3k a week doing Uber but he's either working an unsustainable number of hours behind the wheel or taking advantage of surge pricing that will work itself out in time. Also, I wouldn't be surprised if he's not quite as insured as he thinks he is and certainly isn't taking into account his costs to provide the service.
He may very well be grossing $3k a week but he's not actually earning that much.
Re:Uber and Lyft don't save money, time, or the planet
by lhorie on Thursday October 21, 2021 @12:08PM
(#28946584)
While I didn't want to pry into the exact unit economics, being in a children's party and all, he did say he worked ~10 hours a day. But also he was very proud to share that he had paid off over 16k of debt despite the high CoL for a family of 4 in SF, which leads me to be believe that the actual take home amount wasn't exactly chump change.