#13 Subscribing vs Owning, How Autonomy makes money, Future of mobility, Handling a $20M swing in value, EV predictions | Scott Painter, Founder & CEO of Autonomy
Car Dealership Guy Podcast
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How Uber's Subscription Business Developed a Billion Dollar Fleet of Cars
Uber drivers were willing to pay us almost $300 a week to have a car. We did not launch fair to be a, you know, ride share supply system. That's what more what SoftBank wanted out of us. A fleet of cars that was generating $50 million of revenue became a much smaller fleet of cars with 10x less revenue.
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