[ColoPilot]

So with the big influx of cash, anyone suspect that incentives will go back up after they go public ? Lyft is already under pressure to raise rates after tanking stock price and lawsuits. Public investors want rapid profits, and the only way to do that here is through rate increases. They can't keep taking $$ from drivers, lest drivers figure out that it's not worth it and move on to something else.

 

[Victorvnv]

So with the big influx of cash, anyone suspect that incentives will go back up after they go public ? Lyft is already under pressure to raise rates after tanking stock price and lawsuits. Public investors want rapid profits, and the only way to do that here is through rate increases. They can't keep taking $$ from drivers, lest drivers figure out that it's not worth it and move on to something else.

Lol you for real?

 

[132266]

So with the big influx of cash, anyone suspect that incentives will go back up after they go public ? Lyft is already under pressure to raise rates after tanking stock price and lawsuits. Public investors want rapid profits, and the only way to do that here is through rate increases. They can't keep taking $$ from drivers, lest drivers figure out that it's not worth it and move on to something else.

Please delete your account

 

[ColoPilot]

Lol you for real?

Please delete your account

I see. So the plan is to keep pulling from drivers until there aren't any left ?

 

[nurburgringsf]

They will do what theyre doing now. Charge riders more. Lower incentives. Drivers get paid for miles and time only. For example, rider pays $180, driver gets $47. They changed the original contract that i agreed to which was they take 30% of the fare. So very ethical of them...

 

[Victorvnv]

I see. So the plan is to keep pulling from drivers until there aren't any left ?

I guess you haven't been driving for a while else you would have noticed that even with minimal incentives there are still plenty drivers driving and surge is minimal to non existent except maybe for 1-2 hrs in the early mornings in San Fran or Palo Alto

 

[BeansnRice]

So with the big influx of cash, anyone suspect that incentives will go back up after they go public ? Lyft is already under pressure to raise rates after tanking stock price and lawsuits. Public investors want rapid profits, and the only way to do that here is through rate increases. They can't keep taking $$ from drivers, lest drivers figure out that it's not worth it and move on to something else.

Yes. The cornholing will continue.
Apparently there are few laws against it.

 

[RideshareSpectrum]

So with the big influx of cash, anyone suspect that incentives will go back up after they go public ? Lyft is already under pressure to raise rates after tanking stock price and lawsuits. Public investors want rapid profits, and the only way to do that here is through rate increases. They can't keep taking $$ from drivers, lest drivers figure out that it's not worth it and move on to something else.

I'm baffled every single time aretardlike me is the smartest guy in the room, but I digress.
Ants across the nation have proven to uberlyft that they are greedy/desperate/stupid enough to drive for considerably less than what we earn in SF. Even if we volunteered to drive, the math still doesn't work at current rates to generate profit. Going public almost guarantees rates will increase for PAX, at the same time ensuring that drivers earnings will continue to shrink until regulation demands otherwise.

 

[Misunderstood Pirate]

They will do what theyre doing now. Charge riders more. Lower incentives. Drivers get paid for miles and time only. For example, rider pays $180, driver gets $47. They changed the original contract that i agreed to which was they take 30% of the fare. So very ethical of them...

Show them this

 

[nurburgringsf]

View attachment 314203 Show them this

Ouch, that one is super shady.

 

[dragnet]

View attachment 314203 Show them this

Yes! Definitely pass this one along to a reporter. That's completely insane.

 

[JLaw1719]

View attachment 314203 Show them this

Absolutely staggering. A 76% cut of a gigantic gouging surcharge? Man, I don't think I could go on seeing that in any of my stubs. It's already bad enough as it is.

 

[132266]

In

View attachment 314203 Show them this

I took someone to Napa last weekend. XL

Lyft got $102 and I got $98

 

[dragnet]

It's interesting because it seems like a complete abandonment of their supply/demand systems. And besides that... Who the f pays $300 for a ride?

 

[Misunderstood Pirate]

It's interesting because it seems like a complete abandonment of their supply/demand systems. And besides that... Who the f pays $300 for a ride?

You guys would be surprise what people are willing to pay Ive l been doing this a long time and they're willing to pay

You guys would be surprise what people are willing to pay I'll been doing this a long time and they're willing to pay

This was not my trip by the way