Took a 20 minute Uber today, cost me $19.89. Driver took home a little over $5. 

Uber's take is 75% - that seems surprisingly high. I would have expected a split closer to 50-50.

Technowatermelon. Elder Millenial. Building Farcaster. 

nf.td/varun

i know it’s an old idea but hoping p2p sharing networks can actually take off using farcaster identity for social proof

uber, couch surfing, local buy/sell marketplaces, etc

/positivesum, investor, photographer, nomad, exploring onchain & exploring the 🌎 building generational.xyz

i think that's a really hard business to pull off p2p. 

uber is in the business of selling trust. i know that i'll have a decent experience, wont get ripped off, will arrive safely etc.

IMHO it’s the perfect model to run as a non-profit cooperative model. The company would have paid employees just like today, but no shareholders, and any surplus revenue made in excess of the opex budget set annually is reinvested into the business (R&D, growth, contingency fund, etc). Essentially the drivers are paying for at-cost corporate services.