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NefariousnessNo484 t1_jdr2fpn wrote

Reply to comment by MightyMoonwalker in Silicon Valley Elites Are Afraid. History Says They Should Be by Mynameis__--__

The point is that exactly what you think is happening isn't. The rideshare companies are propped up with investor funds. They were only able to capture the market because of unsustainably low pricing. It is not a fair fight at all.

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MightyMoonwalker t1_jdr913t wrote

I still use them, and they beat both expectations and earnings in Q4. We'll see what the market does, but I don't think Uber is going anywhere. I agree they used low pricing to capture market share and that wasn't a fair fight, but I am still not ever going back to taxis.

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NefariousnessNo484 t1_jdrbtit wrote

Congrats, you bought into their marketing strategy. Remember when they used to argue rideshares would take cars off the road and reduce emissions through carpooling? People don't even remember why it's called ride-sharing in the first place. They basically lied in order to take over an industry using billionaire funds.

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MightyMoonwalker t1_jdrfucb wrote

I like the service for what it is, so I will still use it for what it is. I don't particularly remember or care what their marketing was. I judge it by the value it brings me today.

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