Uber In One Quote

“The magic of Uber is that it used mobile to create a 10x better product than the incumbent (taxis), and did so at a lower price. The ‘and’ is everything." Sarah Tavel, Greylock.

That's it. That's the secret.

On-demand is a pretty powerful thing. If Taxis were not sitting on their asses enjoying the fruits of a monopoly littered with disincentives maybe they would have evolved and innovated.

Instead, it was someone else and power to them.

And that's the part people who want to contain Uber better get used to.

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