Debate House Prices


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Stocks and shares

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  • padington
    padington Posts: 3,121 Forumite
    edited 23 July 2015 at 11:44PM
    cells wrote: »
    It isn't really about an app its about getting enough market share that you are by far the no 1

    A bit like how rightmove is king follwed by a hundred other property sale websites that have little to no business

    you could try to guess the minicab market.
    I think in England there is 250,000 cabs.
    Multiply by 100 x just to guess how many there would be in the world maybe 25 million cabs

    if uber (or uber like) companies could charge say $2k per cab per year for their services that would give them revenue of $50B. It should be a v.high margin business as its a bit of fairly simple software. So if $20B of that $50B is profit that could make uber or whichever one wins out a tech company on the size and scale of Google


    of course there are a lot of assumptions on that.
    can they really extract $2k per cab (could be more)
    Can they get 100% of the market (definitely not but windows and google have more than 50% of their markets


    Right now probably too much uncertainty and risk as they could end up the yahoo or MySpace and someone else take market leadership.


    (If I were Samsung id strongly look into making my own cab service and pre install it on Samsung devises). Hell maybe there is even a business idea tjere somewhere for samsung or the like to give out free phones/hardware and pay afor it via such apps (pre install samsung cabs, samsung real estate, Samsung you tube, etc)

    2k ? You are WAY out, uber take 25% of every journey and that is much less than what the old fat controller/ small room/ yellow flashing light company charged.

    Uber customers and drivers LOVE uber. Not sure any company is as well loved by both workers and customers. Also the technology is so good, you end up trebling your taxi use.

    Try it, first £20 journey is free. You can order a taxi discreetly while in a meeting, watch your cab come up the road on the Map, make your excuses and be in the cab the moment it appears at the desired location.

    You can also chose from 5 different of types vehicles. If you're skint you can wait for the market price to drop.

    I've tried no new technology for years that's felt like magic, like this. If I were Samsung I would be wining and dining uber every fricking night for a partnership. The cabbies have other apps, they don't like them, uber has the market critical mass and much better functionality.

    My mate studied the knowledge for five year part time and gave up this year. I asked why. All he said was 'uber'.

    If uber get a large fleet of self driving cars, there is no stopping them. Wonder where they could get the money to buy them ....
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • padington
    padington Posts: 3,121 Forumite
    Uber are offering a walls 99 to be delivered by ice cream van wherever you on Friday ( probably within London ).

    Looks like Walls have been wining and dining uber.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
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