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Solkanar512 posted:How in the hell is it legal to pretend to be that restaurant, and charge fees like this? They aren’t providing an additional service to anyone, they’re rent seeking. Disruption!
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Aug 7, 2019 07:22
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Ghost Leviathan posted:Move fast, break things Especially if it's stuff from other people.
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Aug 7, 2019 08:45
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Mr Shiny Pants posted:Especially if it's people.
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Aug 7, 2019 08:45
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It's pretty clear that the entire worldwide political mainstream will trip over itself to give sloppy blowjobs to 'entrepreneurs' no matter what they do because they're supposed to be instrumental in keeping the myths of upward mobility and success by merit in capitalism alive.
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Aug 7, 2019 08:47
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Ghost Leviathan posted:It's pretty clear that the entire worldwide political mainstream will trip over itself to give sloppy blowjobs to 'entrepreneurs' no matter what they do because they're supposed to be instrumental in keeping the myths of upward mobility and success by merit in capitalism alive. funnily enough poo poo like that yelp stunt would be impossible in the EU, data protection, privacy and competition still have laws and power attached to them
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Aug 7, 2019 10:13
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Goa Tse-tung posted:funnily enough poo poo like that yelp stunt would be impossible in the EU, data protection, privacy and competition still have laws and power attached to them Move fast; break things.
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Aug 7, 2019 10:22
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rewatching the theranos doc and this never fails to make me laugh:
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Aug 7, 2019 14:25
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We knew this for years and yet the uber booth at the compsci job fair had the longest line.
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Aug 7, 2019 14:38
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SardonicTyrant posted:We knew this for years and yet the uber booth at the compsci job fair had the longest line. well, it's the job fair, not the investor fair
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Aug 7, 2019 15:04
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Yelp/Grubhub has like a fake phone network/phone numbers that it replaces restaurant phone numbers on Yelp's site/app with without informing the restaurants on this. This is done so that your calls get forwarded through Yelp before reaching a restaurant so that Yelp can charge additional marketing fees per phone call to a restaurant and does not inform restaurants of this. So like you can call a "restaurant's" phone number on Yelp and end up getting forwarded to the wrong restaurant or/and otherwise whatever happens where you don't even place an order and the restaurant gets charged like $8 for that. https://www.vice.com/en_us/article/wjwebw/yelp-is-sneakily-replacing-restaurants-phone-numbers-so-grubhub-can-take-a-cut
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Aug 7, 2019 15:09
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PhazonLink posted:is this the same food delivery company from a several weeks ago or a different one? GrubHub wants more money from the restaurants that have teamed up with it, using activities ranging from increasing fees to creating their own versions of their partners' websites to guarantee commissions. https://news.ycombinator.com/item?id=20321260 From June 28: https://www.theverge.com/2019/6/28/19154220/grubhub-seamless-fake-restaurant-domain-names-commission-fees quote:Grubhub is using thousands of fake websites to upcharge commission fees from real businesses Mister Facetious fucked around with this message at 20:40 on Aug 7, 2019 |
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Aug 7, 2019 20:34
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Mister Facetious posted:GrubHub wants more money from the restaurants that have teamed up with it, using activities ranging from increasing fees to creating their own versions of their partners' websites to guarantee commissions. "Yes, we are literally doing the thing you are accusing us of but it's okay because 
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Aug 8, 2019 04:13
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https://twitter.com/verge/status/1159601240948584451
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Aug 9, 2019 03:17
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That's almost twice as much as Boeing lost. Holy poo poo, how can you suck that much?
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Aug 9, 2019 03:24
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its kind of a lovely article but lmao quote:Khosrowshahi often likes to talk about abstract concepts, like a $12 trillion “total addressable market” (TAM) that Uber has only just begun to penetrate. That includes things like food delivery, personal mobility, and freight shipping. uber will not be competitive in freight agency or as a personal mobility firm. investors are trash
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Aug 9, 2019 03:31
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It's not their money, it's the investors'; as long as their checks keep getting cashed, they'll keep shoveling more coal in. The worst that can happen to management is being replaced and receiving a golden parachute.
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Aug 9, 2019 04:37
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luxury handset posted:uber will not be competitive in freight agency or as a personal mobility firm. investors are trash The total addressable market by MickeyFinn Corp is $120 trillion, shower me with billions.
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Aug 9, 2019 06:15
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Yeah, don't forget the part that global GDP is estimated to be $80 trillion. Uber is trying to say that it will control 15% of the global economy with a straight face, and the investors are just nodding along. Jesus.
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Aug 9, 2019 07:30
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Parakeet vs. Phone posted:Yeah, don't forget the part that global GDP is estimated to be $80 trillion. Uber is trying to say that it will control 15% of the global economy with a straight face, and the investors are just nodding along. Jesus. No, that’s not what is being said... Total Addressable Market is what revenues could be out there if there were no competition.
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Aug 9, 2019 13:20
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there's like a huge amount of competition though. i must not be understanding the context in which that metric is used in the business world because that's, like, three completely different and mature economic sectors in which uber claims to be able to compete, despite only credibly having a foothold in one of them. it sounds to me like if microsoft suddenly wanted to start opening hospitals and building airplanes so they could better sell microsoft products
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Aug 9, 2019 13:43
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imagine if that money went into public transport.
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Aug 9, 2019 13:47
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it would be nice but unironically too many people stridently say "these companies should spend the money on things like feeding the poor, or trains" without really getting how that's not possible not accusing anyone itt of that but tons of folks just don't really get how gov't funding works or the fiscal obstacles in the way of continued mass transit expansion (which is actually on an uptick over the last decade or so)
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Aug 9, 2019 13:51
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Edit: lol I’m the guy luxury handset warned you aboutGroovelord Neato posted:imagine if that money went into public transport. That’s the worst loving part about all this, isn’t it? Train lines, dedicated bus roads, separated bicycle paths... we could be doing anything with this loving money and we’re spending it in the worst possible way. Humanity sucks. Edit deux: Honestly though, in Atlanta they keep building the highways bigger and wider, adding toll expressways and other “pay to play” ways to get to work faster when just adding a goddamned train line to the exurb towns outside of the city would’ve been a much smarter use of the money, instead of watching people going from sitting in 4 lanes of traffic for 2 hours to 6 lanes of traffic for 2 hours. funeral home DJ fucked around with this message at 13:57 on Aug 9, 2019 |
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Aug 9, 2019 13:53
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Ripoff posted:Edit deux: Honestly though, in Atlanta they keep building the highways bigger and wider, adding toll expressways and other “pay to play” ways to get to work faster when just adding a goddamned train line to the exurb towns outside of the city would’ve been a much smarter use of the money, instead of watching people going from sitting in 4 lanes of traffic for 2 hours to 6 lanes of traffic for 2 hours. GDOT funding is distinct from MARTA aka The ATL funding though. this illustrates the problem, there is no state government in america more hostile to its largest city than georgia, and MARTA has been historically starved of funding as a result of state politics that have spent decades detracting from atlanta in favor of drumming up rural votes the money is there. if MARTA asked for ten billion dollars through a bond issuance, investors would trip over themselves to purchase those bonds. the problem is political willpower on behalf of voters and politicians still suspicious of mass transit. see the recent failure of the MARTA expansion into gwinnett county for an example. everyone knows MARTA will expand into the suburbs, it is a matter of time, even the republican political establishment is on board, but they cravenly did not push the issue with voters and split the referendum off so that it would not be included in the midterm ticket. and cobb county likely won't join MARTA for another ten years because cobb sucks and is the worst meanwhile MARTA is expanding with the recent local SPLOST issuance: https://www.ajc.com/news/local-govt--politics/marta-board-approves-atlanta-expansion-timeline/rJ2JvE8F1h2XWGYfFupwdJ/ e: oh and to bring it back to the thread, there's more political will now for bike lanes and safe streets because people keep getting hit and killed riding electric scooters on the road, to the point that the mayor of atlanta yesterday banned the use of scooters between 9pm and 4 am Mr. Fall Down Terror fucked around with this message at 14:06 on Aug 9, 2019 |
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Aug 9, 2019 14:01
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luxury handset posted:Lots of good stuff Thanks for the reading, I’m going to dig into this some more to not look like such an ignorant jackass. I had thought that MARTA/ATL was lumped in with GDOT and was disappointed that the I-75 expansion was going on for years and that SunTrust Park was going to be denied public transit options outside of the hilariously bad CCT. Also I’m done with Atlantachat after this but holy loving poo poo I hate the Braves for moving their park out to Cobb. It’s a loving nightmare to get out here and there has to be a sharp increase in instances of people driving under the influence now thanks to all public transit options being struck off in favor of more parking and driving. gently caress this.
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Aug 9, 2019 14:12
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you could tax all these fuckers so they couldn't pour money into companies that cannot succeed.
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Aug 9, 2019 14:14
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Ripoff posted:Thanks for the reading, I’m going to dig into this some more to not look like such an ignorant jackass. I had thought that MARTA/ATL was lumped in with GDOT and was disappointed that the I-75 expansion was going on for years and that SunTrust Park was going to be denied public transit options outside of the hilariously bad CCT. oh no, GDOT is a state level entity who gets tons of funding because everyone likes roads. GDOT is also in charge of expanding/maintaining the georgia chunks of the interstate system so they get nearly guaranteed federal grants for improvements, like all the express lanes going up on i-75 and along the top end of the perimeter. their funding source is bountiful and endless MARTA, historically, has not received any state funding except for a trickle for capital upgrades starting in the mid 2000s. for a long time MARTA was unique among american cities as being the only major metro transit system which received no state support at all, the next comparable system was toronto's and that was because of some weird jurisdictional thing going on up there, not because ontario made political hay out of making GBS threads on their largest city. so MARTA has to limp along with farebox revenue (extremely high fares to capture as much of this as possible, highest in the nation IIRC), entirely local funding from city/county sales taxes, and some small portion of federal grants. this greatly constrains MARTA's ability to operate because of the capital/operational funding split, which MARTA was again hobbled by because in the charter setting up the system MARTA was forced for decades to maintain a 50/50 split the difference here matters. capital funding is for new things - new tracks, new vehicles, new stations. operational funding is for day to day expenses, paying wages, buying fuel, paying the electric bill. if there are artificial constraints on what you can spend your money on, then it doesn't matter how much capital funding you have to expand the train lines if you know you won't be able to pay for mechanics to maintain them. this is part of why MARTA stations are so grubby, janitors and station maintenance are low priorities compared to bus drivers and train mechanics. this is turning around over time but if you've used the system in the last 20 years you've seen it anyway here's an article for more reading https://www.atlantamagazine.com/great-reads/marta-tsplost-transportation/ it would be amazing if all the investor class renounced their wealth and wrote fat checks to public utilities before loving off to a monastery somewhere but in the meantime, the real problem is politics
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Aug 9, 2019 14:22
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Your Orwellian surveillance device (and probably the rest of your electronic devices) are probably made by children https://www.theguardian.com/global-development/2019/aug/08/schoolchildren-in-china-work-overnight-to-produce-amazon-alexa-devices I wish I could be surprised.
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Aug 9, 2019 16:35
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Groovelord Neato posted:you could tax all these fuckers so they couldn't pour money into companies that cannot succeed. I'd rather be upset over stories of fraud in taking advantage of government funded programs than wasting five-loving-billion dollars in 3 months.
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Aug 9, 2019 16:50
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Barring extremely high taxes in the wealthy, I'm pretty ok with Uber being a comically effective scheme to take investor money and massively subsidize transportation with it
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Aug 9, 2019 17:40
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We've been laughing at Silicon Valley reinventing buses, but really, if that's what it takes to even have mass transit, why not let them have that win? Call it UberPool+ or whatever, just keep burning that VC
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Aug 9, 2019 18:09
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because it will be more expensive and worst and kill people. and richer tech bros will pay more just for
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Aug 9, 2019 18:14
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I feel like I need an explanation into how going through an IPO fueled by unattainable dreams of future profitability is not fraud.
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Aug 9, 2019 18:22
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Ruffian Price posted:We've been laughing at Silicon Valley reinventing buses, but really, if that's what it takes to even have mass transit, why not let them have that win? Call it UberPool+ or whatever, just keep burning that VC its not really mass transit though, it's providing convenient service to those who can afford it without taking a loss to provide a necessary service for those who can't otherwise afford it. there's no public function here, it's just rent seeking which will evaporate as soon as it is unprofitable
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Aug 9, 2019 18:25
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Baronash posted:I feel like I need an explanation into how going through an IPO fueled by unattainable dreams of future profitability is not fraud. I dont think Uber is legally fraud, because they have actual working technology. Besides, it's not possible to "tell the truth" about future profitability because it's all hypothetical. The investors' money isnt being embezzled, it's just being used extremely poorly. That is incompetence, not fraud.
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Aug 9, 2019 18:30
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OctaMurk posted:I dont think Uber is legally fraud, because they have actual working technology. Besides, it's not possible to "tell the truth" about future profitability because it's all hypothetical. Ah, the Star Citizen defence.
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Aug 9, 2019 18:33
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Ruffian Price posted:We've been laughing at Silicon Valley reinventing buses, but really, if that's what it takes to even have mass transit, why not let them have that win? Call it UberPool+ or whatever, just keep burning that VC oh yeah, i'd love to have essential services pulled out from under me as soon as the vc money dries up
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Aug 9, 2019 18:39
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luxury handset posted:there's like a huge amount of competition though. i must not be understanding the context in which that metric is used in the business world because that's, like, three completely different and mature economic sectors in which uber claims to be able to compete, despite only credibly having a foothold in one of them. it sounds to me like if microsoft suddenly wanted to start opening hospitals and building airplanes so they could better sell microsoft products You’re conflating two things. The metric in general is used to industry potential; a $1trillion industry has more potential than a $100million one for hopefully obvious reasons. Uber is saying that their foothold in one economic sector, caused by their disruption of the mature taxi industry, will lead them to execute in other sectors and that those sectors make up 15% of the world economy. They won’t own 15% of the economy no matter how well they do, but they will compete in 15%.
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Aug 9, 2019 19:38
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Missing Donut posted:They won’t own 15% of the economy no matter how well they do, but they will compete in 15%. i get that, i'm disputing that uber is competitive in the freight industry or "personal mobility" in terms of actually producing vehicles rather than renting them along with their driver/owner's time uber keeps making big claims about how they're going to be transformative with things like air taxis, when personal aircraft is one of the biggest crank sinkholes out there for companies that stack more promises than products
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Aug 9, 2019 19:40
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Quandary posted:Barring extremely high taxes in the wealthy, I'm pretty ok with Uber being a comically effective scheme to take investor money and massively subsidize transportation with it It's too bad they're subsidizing literally the worst form of transportation they could find
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Aug 9, 2019 22:31
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