Was The Sharing Economy Way Overblown? — With Emil Michael
Big Technology Podcast
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Ride-Sharing Resurgence and Challenges
This chapter explores the rebound of ride-sharing companies post-COVID, focusing on increased revenues driven by price hikes rather than more rides. It highlights personal experiences from Uber's CEO as he attempts to understand driver perspectives, along with an examination of the challenges faced by both Uber and Lyft regarding profitability, regulatory pressures, and market dynamics. The discussion also emphasizes the broader implications of financial shifts, including rising interest rates, on the sustainability of these rideshare models.
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