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A comment on The lawyer taking on Uber and the rest of the on-demand economy. Parent comment

Re:The lawyer taking on Uber and the rest of the on-demand e... by gaius on Friday April 17, 2015 @10:39AM (#9394552)
Nobody is valuing taxi companies at $40b

A legal Uber already exists (in London): it's called Addison Lee. Smartphone app and everything. It's worth £300M, not $40Bn!

http://www.bbc.co.uk/news/uk-england-london-22230868

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Re:The lawyer taking on Uber and the rest of the on-demand e... by oh_sigh on Friday April 17, 2015 @01:17PM (#9395748)
Addison lee had 4500 drivers at their time of sale. I don't think the number of uber drivers is disclosed, but it is at least 162,000 active drivers as of this past December: http://www.washingtonpost.com/blogs/wonkblog/wp/2015/01/22/n...
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Re:The lawyer taking on Uber and the rest of the on-demand e... by fragmede on Friday April 17, 2015 @01:00PM (#9395619)
Part of that valuation has to do with size and breadth.

Uber is currently available in 56 countries, how many is Addison Lee available in?

If there was no such thing as Uber, and no one else was allowed to write a taxi app other than Addison Lee, it would easily be worth $40 billion.

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