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Most people have no business training, and don't know about how to look for hidden costs.

Most people have no business training, and don't know about how to look for hidden costs. It's easy enough to think that taxis are that expensive solely due to the overpriced medallion system, which crops up in newspapers every now and again. Most people wouldn't understand that Uber's profit largely comes from shifting the risk from themselves to the drivers.

Posted by vacri on May 7, 2015, 7:44 AM

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Most people have no business training, and don't know about how to look for hidden costs.

vacriMay 7, 2015, 7:44 AM

Most people have no business training, and don't know about how to look for hidden costs. It's easy enough to think that taxis are that expensive solely due to the overpriced medallion system, which crops up in newspapers every now and again. Most people wouldn't understand that Uber's profit largely comes from shifting the risk from themselves to the drivers.

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