Quote:
Originally Posted by bobman0330
I'm not sure I understand how Uber is even capable of losing money, let alone so much. Are they paying drivers more than 100% of the fare from the rider? I thought the idea was that they got paid for running an essentially costless software network.
They're a massive company. Like you, I don't know what it is most of those people actually
do, but they have fancy SF offices with a bunch of fancy high-paid engineers and global operations doing...something. A friend of my gf's does something marketing-related for them and just got relocated to Amsterdam for a couple years.
I've seen future plans about integrating Uber with public transit, where you buy your subway ticket or whatever through the Uber app and there's a car waiting for you when you get out to take you to your destination.