Quote:
Originally Posted by Greedy,Greedy,Greedy
Their technology is only as new as the gps and internet, and is generally capable of being programmed by my 14 year old. I'm not sure what there is that is interesting in their business model other than using the gps and internet to do what dispatchers have long done.
Well, except perhaps if you think ignoring the regulations is a key part of their business plan, in which case, well, they're no still no Charles Ponzi, but it's something.
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You're completely discounting that users may prefer to be their own dispatcher.
Although whenever I've thought about using Uber or Lyft (which I've not done), I'm mostly amazed that existing cab companies hadn't already deployed these technologies on their own.
Then I remember that they don't face much in the way of competition.