OnFleekTing
Superstar
They grew too fast and eventually people were either going to stop using it once they got a car for themselves or stop hustling once they got a legitimate job
Uber is dead and so is rideshare
- Thread starter KingJudah2
- Start date
MR. Conclusion
All Star
Now if this is true, then who knows what other surprises we deal with as drivers they forgot to program?
I just bought some shares. They’re going to go back up. 10 years they’ll be around plus they have valuable information for advertisers.
Imagine companies competing for the attention of riders headed in the direction of their business.
Imagine companies competing for the attention of riders headed in the direction of their business.
Their end goal is driverless taxis.
It's not over yet. They have been floating debt and getting funding on the promise they will deliver that. This shyt right now is temporary.
If and when they pull it off y'all will be crying that this was your "apple stock" opportunity
Whichever company gets autonomous vehicles to the masses and hammers down a reliable system will not only win as a service delivery company but also by leasing their network/infrastructure to others.
The most relevant questionSome of y’all don’t know shyt about business.
nikka really said rideshare is done.
have you stepped outside?
Thread is wild premature
MR. Conclusion
All Star
The rideshare biz looks to be unsustainable on all sides. Unsustainable maintenance costs for drivers. Unsustainable operation costs for Uber/Lyft.
Hard to see a scenario these two companies survive the period before automation autos kick-in.
Hard to see a scenario these two companies survive the period before automation autos kick-in.
I'M ONE OF MAYBE 3 PEOPLE ON THIS SITE WHO ACTUALLY WORK WITH AUTONOMOUS VEHICLE DEVELOPMENT. shyt AIN'T HAPPENING FOR AT LEAST 5 -10 YEARS. AND EVEN THEN IT WON'T BE PROFITABLE. MARGINS ARE GONNA BE RAZOR THIN. DEPENDING ON THE LAWS THAT FOLLOW, IT MIGHT NOT BE PROFITABLE AT ALL.
VladTheImpaler
The Sensational Prince
I love both.... stay using them.... sending up in here now at the sexy coffee shop/ spoken word spot..price checked both and took the cheapest one here 
fukk it! Long live both!
fukk it! Long live both!
El_Mero_Mero
All Star
Can they still be profitable some way even if the autonomous vehicles thing doesn't kick in?
Don't see it working out the way it's currently constructed. Fare prices will have to go up quite a bit until driverless cars come out. That autonomous tech needs to actually work and then become standardized. The cars and roads would have to meet this standard, which becomes an infastructure issue. Laws have to be made assigning liability to either the rideshare operator or manufacturer, and that will create yet another cost (cars already won't be cheap), and then that cost is getting passed to the rider and the taxpayer.
Also, if companies can develop autonomous cars, do you think they'd only sell them to uber and lyft? It would probably end up more like the Tesla model Musk spoke of where people could release their own personal vehicles to do ridesharing duties and return to them when desired. They would look for every opportunity to recoup that cost, and vehicle owners then would do the same, so where would that leave uber and lyft?
Also, if companies can develop autonomous cars, do you think they'd only sell them to uber and lyft? It would probably end up more like the Tesla model Musk spoke of where people could release their own personal vehicles to do ridesharing duties and return to them when desired. They would look for every opportunity to recoup that cost, and vehicle owners then would do the same, so where would that leave uber and lyft?
IsThatBrothaMouzone?
Veteran
Uber isn't making money now, and it will likely get tougher in the future.
Whether they have driverless cars or not, they've been able to skirt many of the rules that traditional cabs have had to abide by (for instance, cabs had to pay airport fees to pick up people from the airport but Uber avoided that until recently).
The local governments are just waiting until rideshare becomes a cash cow. If it does, all kinds of taxes/fees/regulations will pop up unless they have good bag men to keep to politicians well compensated with cash and perks.
Whether they have driverless cars or not, they've been able to skirt many of the rules that traditional cabs have had to abide by (for instance, cabs had to pay airport fees to pick up people from the airport but Uber avoided that until recently).
The local governments are just waiting until rideshare becomes a cash cow. If it does, all kinds of taxes/fees/regulations will pop up unless they have good bag men to keep to politicians well compensated with cash and perks.
Uber ain’t stopping for you either unless you tip upfrontRideshare is here to stay in this city since those yellow & green cab bytches never wanna stop for a nukka or go to the boroughs
Uber isn't going anywhere. The rates will just keep going up and up.
GnauzBookOfRhymes
Superstar
I still don't know how you lose money on an app where you don't do shyt and take 25% of each fare
advertising, driver incentives, rider incentives/coupons, research/development (automated cars/trucks),