Will cabies make a comeback?? They can’t even read the side of cab and somehow think that they are going to reinvent the wheel.
They do get that taxi companies with these rates, professional drivers, hot bedding their Prius’ 24/7 have gone bankrupt and have no margin.
San Francisco Taxicab Rates
First 1/5th of a mile $3.50
Each additional 1/5th of mile .55c
Each minute of waiting or time delay .55c
Airport exit fee $5.00
First grade math skills.
Valuations on these companies always amaze me. It amazes me at what people consider valuable.It worth about 7-10B present value if you include the cash raised from the offering.