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you forgot option B: raise prices, reduce costs
by localhostdotdev 7y ago
you forgot option B: raise prices, reduce costs
- Karunamon 7y agoThe only issue there is that Uber hasn’t driven out the local livery companies, and Uber’s presence forced many of them to invest in infrastructure. If the rides get too expensive, people will just go back to taxis.
- gcb0 7y agothat is exactly what every company in the universe does in the quarter before being offered for sale or filling public offering. always assume the first company filling is the best as possible already.