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grkhetan | 8 years ago
One more thing -- even though the press is hitting on Uber with lot of negative articles -- lot of this appears to be because those articles sell. Lot of the negativity seems exaggerated or seems to be the result of incomplete facts provided (for example, Mike Isaac on NYT said Uber uses Slice Intelligence to get aggregate anonymous data on market conditions; he did not mention that Lyft also does the same and that most companies have competitive intelligence teams. There are many other examples like this).
I like Uber that they went ahead and got cities to recognize the need for ride-sharing -- they were the first so they had to fight the regulations and entrenched taxi industry. In the end, that benefitted everyone - riders getting convenient, inexpensive rides, and drivers getting livelihood. Uber's competitors also benefited as the market was created by Uber already.
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