Can anyone explain to me what is so attractive about Uber?
To me, Uber is just taxi with smart phones. My opinion is that is that Uber is avoiding a lot of the bureaucracy and fees that real taxi companies are paying for their rights and things such as insurance. I always figured that once the taxi companies figure out the convenience of smart phones they will start to integrate that technology more aggressively and be able to fight Uber back.
But there must be something I'm not seeing.
> "The $258 million is an 86 percent chunk of Google Ventures’ $300 million dollar a year fund..."
That's a lot of money, and that's a large part of Google Ventures fund. What are they seeing that I'm not seeing? Is there a future vision of Uber that's going over my head?
To me, Uber is just taxi with smart phones. My opinion is that is that Uber is avoiding a lot of the bureaucracy and fees that real taxi companies are paying for their rights and things such as insurance. I always figured that once the taxi companies figure out the convenience of smart phones they will start to integrate that technology more aggressively and be able to fight Uber back.
But there must be something I'm not seeing.
> "The $258 million is an 86 percent chunk of Google Ventures’ $300 million dollar a year fund..."
That's a lot of money, and that's a large part of Google Ventures fund. What are they seeing that I'm not seeing? Is there a future vision of Uber that's going over my head?