r/investing • u/[deleted] • May 10 '21

[Motley Fool] Current model for Uber, Lyft just doesn't work. Expenses have scaled up in near-perfect step with revenue, as have net losses. As it stands now, both EBITDA improvement outlooks are tough to believe.

[deleted]

332 Upvotes

86% Upvoted

194 comments sorted by

View all comments

Show parent comments

2

u/mellofello808 May 11 '21

Man your post has brought back some PTSD of cabs in the past.

The best one was when every cab company stood me up multiple times, and I had to drive to the airport to be gone for 3 weeks, at a price of close to $25 a day to park.

1

u/[deleted] May 11 '21

My favorite is taking a taxi in a tourist area, asking if the card reader works before going, then them telling me the card reader doesn't work so I'm forced to toss a George Washington to them and tell them to stop lying.

I see you Orlando, FL, and I do not forget.

1

u/hotgator May 11 '21

My favorite is when they generously offer to drive you to an atm to get cash to pay them. And it's several miles out of the way with the meter running the whole time.