Varun Srinivasan pfp
Varun Srinivasan
@v
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.
44 replies
5 recasts
111 reactions

Erik pfp
Erik
@eriks
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
5 replies
3 recasts
39 reactions

Varun Srinivasan pfp
Varun Srinivasan
@v
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.
7 replies
0 recast
15 reactions

mike perhats pfp
mike perhats
@perhats
I think the network effects of Uber are pretty weak, and "brand network effects" are probably the weakest category of network effect. Highly geographically isolated, easy to achieve critical supply, marginal value to demand from adding a new node on the supply side is quickly asymptotic.
0 reply
0 recast
1 reaction