U/L: Say Goodbye to "Cheap Rates" W/ New IPO's?

Lee239

Well-Known Member
If they raise rates they lose customers. Better to keep the rates the same but stop stealing from the drivers and pay them 75% of the fare minus the $3 they are skimming off the top on each ride which is your gift to Uber and Lyft.
 

JustTreatMeFair

Well-Known Member
As long as it is cheaper and more available than a taxi their will be very little attrition. Rates would never be this low if there wasn't this competition between the two. If Uber raised rates Lyft would follow. Lyft believes they win in the long term because they are "nicer"
 

BigRedDriver

Well-Known Member
As long as it is cheaper and more available than a taxi their will be very little attrition. Rates would never be this low if there wasn't this competition between the two. If Uber raised rates Lyft would follow. Lyft believes they win in the long term because they are "nicer"

Raise the rates, screw tipping. Win/Win
 

Uber's Guber

Well-Known Member
Uber already knows now what they can get away with charging their continually growing base of riders while screwing over their never-ending supply of driver signups. Uber’s profit plan is long-term, and that is to eventually reduce expense (eliminate drivers) with self-driving cars.
 

RabbleRouser

Well-Known Member
Uber’s own press release indicates drivers will suffer more than anyone.
Passengers are King, Drivers are disposable. Cut driver pay & incentives.
Results: more newbies sign up (if history is any indication)

As we (Uber) aims to reduce driver incentives to improve our financial performance, we expect driver dissatisfaction will generally increase,” the company said. It also noted that as it continues to invest in self-driving cars, “it may add to driver dissatisfaction over time, as it may reduce the need for drivers.”

?Translation: we at Uber, and u as passengers should enjoy kicking powerless drivers in the nutz sack. Try it, it’s fun ???
Don’t like your driver, drop us a note ? he’ll be deactivated within the hour and 100 newbies will replace him ??
 
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