Tag Archives: Labor

The Biggest Threat Facing Uber

Uber, on its surface, seems like a company that has very few issues. First off, it has a great business model. Just one benefit, Uber is responsible for almost no inventory, as drivers provide their own cars, which vastly reduces its risk. There is plenty of demand for Uber. The taxi market in the United States alone is estimated at $11 billion a year (it is even larger in other countries, particularly Japan), and it has the potential to hit more rural, previously-untapped markets. And margins do not have to be that high for them to make a lot of money, as roughly20 …Read more »

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