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Uber is the future, well Uber along with its competitors. Hve they released their financials? Without knowing that, we can't say how bubbliscious its valuation is...
Lending Club is going public on Dec 11 though. That's a local company I will be buying!
Uber is the future, well Uber along with its competitors. Hve they released their financials? Without knowing that, we can't say how bubbliscious its valuation is...
Lending Club is going public on Dec 11 though. That's a local company I will be buying!
The future of what?
You're still waiting around for a cab, except the driver may or may not have insurance for livery and maybe if you're lucky the car and the cabby smells a little better.
Hipsters will try and convince themselves that everythng is cool even a glorified cab dispatch company. I fully expect this one to go Groupon or Pets.com
I like the idea behind Uber but I'm baffled about the $40 billion valuation at this time. The valuation will undoubtedly climb higher. The early investors are going to make a killing at the IPO.
You're still waiting around for a cab, except the driver may or may not have insurance for livery and maybe if you're lucky the car and the cabby smells a little better.
Hipsters will try and convince themselves that everythng is cool even a glorified cab dispatch company. I fully expect this one to go Groupon or Pets.com
I imagine you've never used UberX, Sidecar or Lyft...
It's cheaper, you know exactly where they are, they are so much friendlier, there is no pressured tipping, its faster, its more reliable, some offer exact pricing before you even begin your trip, while others will give you accurate estimates. Here in San Francisco, only tourists use taxis these days that's why they are throwing a fit and filing lawsuits. The entire experience is a thousands times better AND IT'S CHEAPER!
I imagine you've never used UberX, Sidecar or Lyft...
It's cheaper, you know exactly where they are, they are so much friendlier, there is no pressured tipping, its faster, its more reliable, some offer exact pricing before you even begin your trip, while others will give you accurate estimates. Here in San Francisco, only tourists use taxis these days that's why they are throwing a fit and filing lawsuits. The entire experience is a thousands times better AND IT'S CHEAPER!
I have no desire to ride in a cab when my own car is in the garage. When I travel I rent a car.
In the end it's a cab ride nothing more.
The insurance issue has not been worked out as Uber considers it's driver's independent contractors.
I have no desire to ride in a cab when my own car is in the garage. When I travel I rent a car.
In the end it's a cab ride nothing more.
The insurance issue has not been worked out as Uber considers it's driver's independent contractors.
Anywhere there is a market for taxis, there is a market for Uber, Lyft, Sidecar. I don't smoke, but I don't call the cigarette industry non-exisitant. Uber is already working on covering any insurance gaps.
“From the time a driver accepts a trip request through our app until the completion of the ride, our partners have $1 million of coverage for driver liability. We were also the first ridesharing request service to include $1 million of coverage for uninsured/underinsured motorists, meaning that passengers and drivers are covered for injuries regardless of who is at fault,” Noyes writes. “This $1 million coverage from trip acceptance to drop-off is consistent across cities. This coverage kicks in regardless of whether the driver’s personal insurance applies to the trip. We have also added contingent comprehensive and collision insurance during trips, up to $50,000/incident with a $1,000 deductible.”
Anywhere there is a market for taxis, there is a market for Uber, Lyft, Sidecar. I don't smoke, but I don't call the cigarette industry non-exisitant. Uber is already working on covering any insurance gaps.
“From the time a driver accepts a trip request through our app until the completion of the ride, our partners have $1 million of coverage for driver liability.
Again limited market
"working on" "our partners carry"
Insurance is the first egg that goes into any business It sounds like Uber has yet to figure that part out.
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