^by operating at a loss I mean when not counting the lottery funding, donations, volunteer hours, grants, and massive tax breaks given by the gov't. All the stuff that a normal business would get zero of.
If anything Uber doing this will make it better for these charities, now they can get the new class of part time insurance (once available) and save money too. These non-profits just accepted the law as was and did what they had to do at the time, good for them but there is a better way. Just that Uber has the means to be a squeaky wheel and force the lard-asses in office to finally make some changes and accept new tech being introduced into the world.
personally I wouldn't care if Uber as a company went belly up tomorrow, I am just glad they are starting the slow inevitable demise of the taxi cartel system.
|