The ride-hailing space is getting really interesting this year. Much more so than we were expecting.
When you're up against unicorns the challenge is steep if you're competing on price or coverage, two things that you can't win on.
We're waiting for the company that comes up with smart insurance policies geared toward sharing economy participants.
CPUC has demonstrated that while it's more willing than most to work with the new car services, it's not about to be a pushover.
Agreed. The smartest move would be to create a level field for all. That wouldn't make anyone happy, of course -- except consumers.
Despite wanting to be regulated as something from the magical future, Uber and its peers are taxi companies and should play by the same rules.
There's a growing market for a smart insurance policy that would fill the gaps we're seeing in the sharing economy.
Neither drivers nor consumers are protected by the insurance policies ride-share drivers have. But Lyft, Uber, and Sidecar are protected since they're merely "ground transportation platforms."
Whether it's cars, buses, or accommodation, the lack of enforcement of existing laws by municipalities is the loudest complaint by businesses that are playing by the rules.
Sidecar and Lyft don't stand much of a chance against Uber unless they start thinking "What Would Travis Do?"