impressive how they fooled investors into giving them billions of dollars when they're clearly psychopaths who have lost touch with realityJust watched the whole thing. I'd heard of some of that, but Uber Air was something new for me. Impressive. Giant bunch of ******** in the early years, which has been entrenched in their system, but impressive.
And this Rakuten CEO asked Travis, the BS Guru, about the rideshare business. Hahaha....
Wit had nothing to do with it.
This is the effect of "regulatory capture":They've definitely had a lot of help from politicians.
Cuomo flew down from Albany three years ago to interfere with the City Council vote on capping Uber for a year to do a congestion study. He's the reason two Council members flipped their vote and Uber kept flooding the city with cars. We're now up to roughly 170,000 according to the NY Post. The current cap is a joke due to the fact that Uber was able to get another 30,000-40,000 in before it was signed into law.
And now Cuomo has slapped us with a congestion fee. The top proponent of flooding the city with cars. Truly mind boggling and sick.
Indeed.This is the effect of "regulatory capture":
"Regulatory capture is a form of government failure which occurs when a regulatory agency, created to act in the public interest, instead advances the commercial or political concerns of special interest groups that dominate the industry or sector it is charged with regulating."