Uber sold dollars for $0.75 until their competition was destroyed, and then they raised their prices.
I see this line of thinking a lot but lets look at it a different way.
Changing peoples behaviors >cost money<. Using your number here, taxis had a 25% value prop. That was just the cost of getting people to change.
I don’t care for Uber, but many many many businesses give people initial discounts and then full price later
The whole argument is moot though given self driving cars are going to wipe out the industry.
alt Hacker News
I see this line of thinking a lot but lets look at it a different way.
Changing peoples behaviors >cost money<. Using your number here, taxis had a 25% value prop. That was just the cost of getting people to change.
I don’t care for Uber, but many many many businesses give people initial discounts and then full price later
The whole argument is moot though given self driving cars are going to wipe out the industry.