LogFAQs > #975205765

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, Database 12 ( 11.2023-? ), Clear

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Topic	Uber CEO stunned by $52 fare charged for 3-mile ride in NYC: 'Wow!'
Solid_Sonic 08/02/23 8:37:07 AM #12:	Taxi medallions are worth over $200K, I think. No one individual is capable of buying them and any average person trying to buy into a portion are basically throwing their life savings at the hope of making it back. So Lyft is in a good place to challenge that but all the people who paid for taxi medallions already band together and get the Taxi and Limo Commission to enforce regulations against gig drivers, forcing Lyft to charge significant markup to abide. --- Surely if I stick up for rich people on the Internet I'll eventually get a sweet job offer from them, right? <cite>Solid_Sonic posted [p:975205765] in Uber CEO s... [t:80525873]...</cite> <quote>Taxi medallions are worth over $200K, I think. No one individual is capable of buying them and any average person trying to buy into a portion are basically throwing their life savings at the hope of making it back. So Lyft is in a good place to challenge that but all the people who paid for taxi medallions already band together and get the Taxi and LimoCommission to enforce regulations against gig drivers, forcing Lyft to charge significant markup to abide. --- Surely if I stick up for rich people on the Internet I'll eventually get a sweet job offer from them, right?</quote> ... Copied to Clipboard!
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