Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Quite to the contrary my friend. I have been running businesses my entire life.

You must have missed the part where I said they won’t do it.

In business there’s often a huge gap between what you should do for a higher cause and the reality of staying in business. A simple example of this are car companies. I guarantee you all of them want to go electric. I also guarantee you they know they would go out of business if they rushed into it right now.

In the Uber/Lyft case the greater good is to take a stance that favors free markets. However, as you correctly point out, this would come with potentially severe consequences.

My guess is they might take it to the courts. Long term, they’ll move to self-driving cars. In the end the outcome for drivers will be worse. Which is what often happens when government sticks it’s paws into a market.

Same will happen to the rental market in CA.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: