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

> is in part because the taxi industry was absolutely horrible to consumers.

But mostly because it didn't had to pay the same fees. It treated employees as independent contractors and negate their rights. And it burned millions on AstroTurfing and ads.

The Mafia also can overtake business where others where there before.



> mostly

That's a strong word here. I'm sure it had nothing to do with taxis being government sanctioned monopolies in most places that they operated.

Wonder what the going rate for a NYC taxi medallion is these days. I bet it's 1/5th of what it was fifteen years ago.




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

Search: