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Agreed. But let's not forget that this will increase the costs for the companies which will ultimately be passed down to us as a consumer. and no matter what you say, the consumers are aldredy frustrated by the high prices and won't be paying more. This is basically the dark reality of vc money. If some companies, that's still fine, but when companies like Ola or Uber start yo struggle, so does everyone who was affected by it especially the drivers.
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The Dark Rise of Uber! When Uber started, it faced legal issues for operating as a cab service. Travis' response? "Weโre just a tech company connecting drivers and users." When government authorities imposed fines on Uber drivers, Uber built a tool
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Teslaโs dropping driverless robotaxis in Austin in 2 weeks. No drivers. No mercy. Uber and Lyft are shook โ theyโve got their own AV partners lined up (Waymo, Mobileye, etc.) but launches are still months or years away. CEOs say human drivers are toa
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In 2017, Uber was one of the world's most hated companies. They lost 200,000 users in a week & were being destroyed by scandals. Everyone thought they would die. Until they hired one man who would transform Uber into a $150 billion empire... Here
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one of the wildest tech rivalries ever Uber vs Lyft and Uberโs secret program called โHellโ Uber spy on Lyft drivers for over a year. It ended in lawsuits, CEO resignations, and a whole lot of drama. Hereโs the full story ๐งต๐ In 2014, Uber and L
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"One App, All Rides": The tagline I need a sponsors. emphasizes the core idea that drivers can manage all their ride requests from multiple platforms (like Uber, Ola, and Rapido) within a single app, eliminating the need to switch between differe
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POSTED BY GARY VEE: โOne of the greatest mistakes of my investing career was passing on investing in Uber in the angel round twice. I was literally in the room when Uber was invented. And yet I still passed on investing in the angel round ... ...Twi
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Uber has changed its pricing model for auto rickshaw drivers, moving from a 10-15% commission per ride to a fixed subscription fee. As a result, all auto rides will now be cash-only. While Uber will continue addressing major safety concerns, it wil
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