With all of the ride sharing companies burning money it seems like the real bet ... | Hacker News

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m_ke on April 26, 2019 | parent | context | favorite | on: Can Uber ever make money?

With all of the ride sharing companies burning money it seems like the real bet here is being the last one standing. If Lyft folds, Uber will have much more leverage to play with the margins.

swarnie_ on April 26, 2019 [–]

This is basically it.

I have a choice between 4 services in my city. I pick the cheapest one whenever i want to go somewhere (Thanks VC cash burn)

Last man standing gets the monopoly.

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