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Started By
Message
re: Google is coming for Uber and Lyft
Posted on 8/30/16 at 11:53 pm to Golfer
Posted on 8/30/16 at 11:53 pm to Golfer
quote:
Any decent sized metro area already has park and ride programs. DC has one for 395 in the morning and evening when the expressway HOV is 3+ per vehicle. This is just a supplement.
DC has Slugging. I always beg my father in law to pick up a slug every time he picks us up from the airport.
This post was edited on 8/30/16 at 11:54 pm
1
Posted on 8/30/16 at 11:55 pm to Street Hawk
quote:
VCs and investors are not looking at Uber as a taxi or a limo company. They are looking at Uber as a distruptor that will fundamentally change the entire transportation and logistics industries, with driverless cars being a big part of it. That's where the $70B valuation comes from. If technologies like driverless cars take longer to pan out, you will probably see the valuation come down accordingly.
These aren't stupid people by any means, but still. Google Ventures invested $250MM 3 years ago at a $3.5B valuation. Now it has increased 20 fold, although their stake is estimated to be diluted to 2% from roughly 7% in 2013.
Posted on 8/30/16 at 11:57 pm to Teddy Ruxpin
quote:
DC has Slugging. I always beg my father in law to pick up a slug every time he picks us up from the airport.
I couldn't remember the term but when I worked there as an intern, my boss used it. Saved him time vs. the blue line.
Posted on 8/30/16 at 11:59 pm to Golfer
quote:
First to market. Much like your McDonald's example earlier.
Fair, but a brick and mortar retail store provides a huge barrier to entry at the scale that McDonald's operates. Uber is, by and large, an app. Why not another app, like Lyft? Or another one altogether?
Some may suggest Facebook and the marketshare it demands, but that type of social network requires a customer loyalty. What is the customer's vested interest in sticking with Uber?
I'm not trying to be difficult, I'm just articulating why I struggle with the valuation.
Posted on 8/31/16 at 1:38 am to slackster
quote:
Sometimes it is hard to believe Google can give the world so much free shite essentially on the backs of a few Clinton Foundation donations.
FIFY
Posted on 8/31/16 at 1:41 am to patendedgmf
Great explanation.
Posted on 8/31/16 at 6:35 am to Golfer
quote:
Any decent sized metro area already has park and ride programs. DC has one for 395 in the morning and evening when the expressway HOV is 3+ per vehicle. This is just a supplement.
Right and with this app you can basically streamline the drive by the park and ride and picking up the one more you need for the HOV lane.
It happens a lot here in Houston where someone pulls in and says "anyone going to the Cypress Park and Ride" and someone gets in their car instead of riding the bus out.
Posted on 8/31/16 at 7:31 am to Mid Iowa Tiger
quote:
Cypress Park and Ride"
frick US290!
on the fact that I live and work along TX99!
Posted on 8/31/16 at 7:54 am to slackster
quote:
Sometimes it is hard to believe Google can give the world so much free shite essentially on the backs of a few AdSense links
Speak for yourself. We pay out the arse for those search placement results.
B2b is a better business model than c2b
This post was edited on 8/31/16 at 8:02 am
Posted on 8/31/16 at 8:14 am to Golfer
I like meeting people and I know you can save money off these things, but damn I'm surprised so many people are up for them. Things like this and AirBnB where people rent just a room in someone's house and share common areas with them.
I consider myself a fairly outgoing laidback person, but I guess I like a little more privacy and alone time than most.
I consider myself a fairly outgoing laidback person, but I guess I like a little more privacy and alone time than most.
Posted on 8/31/16 at 8:38 am to dgnx6
quote:
I don't see how this could ever work in Louisiana, or most places
Yep. No plant operator wants to sit in the back of some other baw's King Ranch F-250 on the way to work.
Might as well be riding bitch on some dude's motorcycle.
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