3min chapter

Acquired cover image

The Uber IPO

Acquired

CHAPTER

Uber X and the Regulations Trying to Shut Down Lift

Uber and the regulators trying to shut down lift. Yes, totally. And it makes total sense from Uber's perspective. This massive fear of undercutting on price is such an incredible foreshadow for the financial position that the companies are in today. You can see it all the way back in this era. Totally. Then we joked about unit economics and the table napkins and parents earlier. I don't think I knew that Uber X was licensed drivers when it first launched. It was not peer to peer. The original, the original purpose of it was to was to compete with Halo. If you open both apps, one's a buck cheaper and it's the same, relatively the same distance

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