Only ONE Company has Applied To REPLACE Uber & Lyft

  Рет қаралды 311

Future Rideshare Millionaire

Future Rideshare Millionaire

3 ай бұрын

What happened to all of the other companies that were speaking so loudly!?

Пікірлер: 6
@thechuckdriver
@thechuckdriver 3 ай бұрын
Awesome job covering this story as it continues to break! Keep pumping away 💪
@nikidelvalle
@nikidelvalle 3 ай бұрын
Minneapolis needs to waive the fees associated with establishing a TNC if they want other alternatives to join the market. Uber and Lyft aren't just a duopoly because they have the market share, they're a duopoly because the expense of starting a ridesharing app company is enormous and the risk is immense. And a large portion of that is the tens of thousands of dollars companies need to get approved. This is also why existing competitors are in so few markets and have to expand so slowly. Startup costs for a new business are already so high, and yet city governments around the country have just allowed Uber and Lyft to become more and more embedded - often at the expense of local businesses, particularly taxi companies - by making it oppressively expensive to even try competing. By the way, just because Empower didn't apply doesn't mean they won't join the market anyway. Empower doesn't want to be classified as a TNC, just as an app for private drivers to operate their own individual rideshare businesses. Personally, I like that, though they haven't been really approaching it correctly. They went into Washington DC even though they weren't approved. What they need to do is establish a verification process for ensuring every registered driver has commercial insurance and a license to operate a private commercial vehicle. If they did that, I doubt city governments would be so eager to pressure them as if they were a TNC, as it is they are recklessly pushing into these markets without that verification and it makes them look pretty bad.
@getzaeltapia1157
@getzaeltapia1157 3 ай бұрын
I really appreciate your videos. I have a question when you have to go to restroom and it's super busy what do you do?
@user-ef4bk5yz1o
@user-ef4bk5yz1o 3 ай бұрын
It doesn’t matter the taxi companies is going to take most of the drivers anyway they have a similar platform uber
@FutureRideshareMillionaire
@FutureRideshareMillionaire 3 ай бұрын
Is that what you would do if this happened in your city? You'd become a taxi driver?
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