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A comment on VCs are scared when they should be greedy. Parent comment

Re:VCs are scared when they should be greedy by rileymat2 on Wednesday July 20, 2022 @05:42PM (#32172774)
From the Uber fare estimator for a trip in East Lansing Michigan. Per-minute $0.17 Per-mile $1.20

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What is the catch? Drivers do not make any money while driving to pick someone up or after dropping someone off. Often, when I tried out driving, about half the miles driven were without a fare.

Subtract the service fees from those numbers and it gets less lucrative.

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Re:VCs are scared when they should be greedy by rileymat2 on Wednesday July 20, 2022 @05:44PM (#32172800)
Often pickup traffic was very "directional" people going to the bar at one time, people leaving at another, so often you would have to drive back to where you started the last fare for the next one.
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