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Mongoose | 2 months ago

I always liken it to using Uber in ~2012. It was fun to get around major metro areas for dirt cheap. But then prices rose dramatically over the next decade+ as the company was forced to wean itself off of VC subsidies.

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zaphirplane|2 months ago

It’s common since year dot fir new businesses to compete on price to attract customers and gain market share. It wasn’t invented by uber

dawnerd|2 months ago

Same with Airbnb. Oh and Moviepass. Those were the days.

doxeddaily|2 months ago

I watched a friend of mine minmax Moviepass so hard. They were so doomed.

XenophileJKO|2 months ago

Except none of those cost structures are based primarily on a resource that gets cheaper over time.. a.k.a. compute.

mkozlows|2 months ago

... and people kept using Uber.

insane_dreamer|2 months ago

Uber and Lyft put all the taxis out of business and now cost as much as the taxis they displaced