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Uber and Lyft leave Austin
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philosophical_recovery Offline
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Post: #2
RE: Uber and Lyft Shrug
Uber and Lyft have the luxury of having a whole lot of money in the bank. Just like Apple, Google, etc. They can afford to step out, not eat their shirt, and make all the fuss they want. That's "fuck you" money.

I'd love to be there. However, every place I've ever worked has not been able to do such things. They have fixed costs (without a layoff), and are very sensitive to unpredictability of the market. In fact, they never really own their tools, office space, etc. If something happens, they have to pay out the ass until things get better.

Uber and Lyft cars are owned by the drivers. They are responsible for them. Drivers and vehicles are for the most part fungible. So, they can drop out of a small market (like Austin) without having to pay for upkeep of any employees there, as there's no real expense unless they also had offices in that location (I doubt it, however?).

A lot of businesses sold their souls to their creditors so that they can keep their capital goods from being repossessed. They'll do whatever they can to cover their known expenses to keep paying the execs and not incur any additional costs, including unethical shit, because they don't own anything and have learned to be good whores.

I would love to have a business if I had the ability to a) own my own capital goods and b) not have to answer to anyone but the market. Good place to be.

(This post was last modified: 05-19-2016 11:29 PM by philosophical_recovery.)
05-19-2016 11:24 PM
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Messages In This Thread
Uber and Lyft leave Austin - puckerman - 05-19-2016, 10:59 PM
RE: Uber and Lyft Shrug - philosophical_recovery - 05-19-2016 11:24 PM
RE: Uber and Lyft Shrug - samsamsam - 05-20-2016, 12:05 AM
RE: Uber and Lyft Shrug - AboveAverageJoe - 05-20-2016, 12:22 AM
RE: Uber and Lyft Shrug - Fast Eddie - 05-20-2016, 05:28 AM
RE: Uber and Lyft Shrug - DJ-Matt - 05-20-2016, 10:17 AM
RE: Uber and Lyft Shrug - samsamsam - 05-20-2016, 10:31 AM
RE: Uber and Lyft Shrug - heavy - 05-20-2016, 10:39 AM
RE: Uber and Lyft leave Austin - Blaster - 05-28-2016, 09:29 PM
RE: Uber and Lyft Shrug - Samseau - 05-20-2016, 12:04 PM
RE: Uber and Lyft Shrug - samsamsam - 05-20-2016, 12:19 PM
RE: Uber and Lyft Shrug - AboveAverageJoe - 05-20-2016, 12:29 PM
RE: Uber and Lyft Shrug - puckerman - 05-20-2016, 12:48 PM
RE: Uber and Lyft Shrug - AboveAverageJoe - 05-20-2016, 01:16 PM
RE: Uber and Lyft Shrug - puckerman - 05-20-2016, 01:28 PM
RE: Uber and Lyft Shrug - NilNisiOptimum - 05-20-2016, 01:12 PM
RE: Uber and Lyft Shrug - El Chinito loco - 05-21-2016, 01:27 PM
RE: Uber and Lyft Shrug - El Chinito loco - 05-20-2016, 06:06 PM
RE: Uber and Lyft Shrug - Phoenix - 05-21-2016, 03:34 AM
RE: Uber and Lyft leave Austin - Vaun - 05-22-2016, 08:23 PM
RE: Uber and Lyft leave Austin - Samseau - 05-22-2016, 08:45 PM
RE: Uber and Lyft leave Austin - rpg - 05-21-2016, 06:30 PM
RE: Uber and Lyft leave Austin - samsamsam - 05-21-2016, 06:38 PM
RE: Uber and Lyft leave Austin - Samseau - 05-22-2016, 07:41 PM
RE: Uber and Lyft leave Austin - storm - 06-11-2016, 12:08 PM
RE: Uber and Lyft leave Austin - Foolsgo1d - 03-15-2017, 10:51 AM
RE: Uber and Lyft leave Austin - puckerman - 03-14-2017, 11:22 PM
RE: Uber and Lyft leave Austin - puckerman - 07-15-2019, 07:16 AM

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