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A comment on Uber Sets Valuation Record of $17B in New Funding. Parent comment

Re:Uber Sets Valuation Record of $17B in New Funding by opendais on Friday June 06, 2014 @02:51PM (#7859672)
Do you honestly think Uber can do that while simultaneously removing per-trip, tax medallions, and other taxi related revenues from the city coffers?
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Re:Uber Sets Valuation Record of $17B in New Funding by rayiner on Friday June 06, 2014 @03:09PM (#7859783)
I don't think cities have to lose taxi-related revenues for Uber to be able to do business. They will have to figure out how to address concerns about liability insurance, overcrowding, etc. But they can still do that and make money.
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Re:Uber Sets Valuation Record of $17B in New Funding by opendais on Friday June 06, 2014 @03:21PM (#7859844)
Fair enough, but that is part of why they are getting banned and upsetting people. Its also part of their price competitiveness. Their contractors haven't been paying.
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