• 3 Posts
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Joined 1 year ago
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Cake day: July 1st, 2023

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  • okay you are obviously taking this far too literally, obviously they could make an app, but the apps could not survive and exist because the competition would undersell them, paid for with investor money.

    do you see what i’m trying to get through to you yet? everyone is saying “well the apps are better!” when the reality is that the big investor backed corporations like uber pushed all the smaller taxi firms out with uncompetitive price undercutting, they didn’t die out because they didn’t have an app, they couldn’t survive with an app or without - they couldn’t make that app to make you happy because you’d still pick the 20% cheaper one anyway







  • The apps weren’t profitable. They sold rides for less than it cost them, which killed the industry. That’s what all disruptive companies do, sell for an unprofitable price and have investor money make up the difference.

    Taxi companies could not compete. How could they? It didn’t matter if they were good or bad. There was no chance to compete because they all went out of business.

    Again, the apps didn’t win because they were better, it’s because they didn’t allow competition. In a sane world they would have had to have made a profit, and the taxi companies would have made their own app, and things would be pretty much equal across the board. But that never happened.