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The spider that rabbits the world's greatest City

The spider that rabbits the world's greatest City 

Insurance to sell insurance really make money off one of the most complicated physical models' insurance is a financial vehicle insurance $10 richer underwriter make normally takes a large proportion of the name first on the policy. Premium to the broker 10% negotiate the best address for the underwriter what's the underwriter in the $100 complete 
Call, turn private company in the world more than Airbnb SpaceX and Lyft combined every day 15 million rides are taken across 600 cities in 78 countries everywhere from the Gridley California Festival I'm sure you're familiar because it's so convenient to open the app and shoes a ride standard or luxury or in India Rickshaw even flying taxi afterward experience of you absolutely. 4.6 still better than Netflix is thumbs up or down to which I say finally Uber calculates the it's really very simple start with a x x 7 times the normal price shortage in trigger a search go to the Bellagio even despite this goober is almost always it took the most outdated and inefficient 1930s the Great Depression happened it wasn't great but it was depressing every fourth American that was unemployed and desperate for work especially low-skill fewer people could afford a ride and as I was taught by my only educated this one goes up and the sun goes down and prices fall and drivers getting violent protests 81 years later with a million more people it's only thirteen thousand shoot is more political than it is practical before extreme competition that made prices unsustainably low good for Riders bad for drivers and then go to four drivers one Medallion the right to operate a single taxi was once worth over $1000000 what advice like this has an age so well because it's time for you and I Uber is revolutionary the low prices of last century and for drivers well yes and no did you ask her what the average driver makes an hour they point you to this study you look under the hood what they don't include are the car it's depreciation maintenance gas the insurance adjuster for these and Things Are study estimates the median hourly profit is 855 before what's the minimum wage for 54% of drivers eat percent actually lose weight wage gas reimbursement overtime breaks Collective self not a transportation company drivers are just independent businesses Uber setting their fares could be considered and the answer will shape the future of the industry but something doesn't add up the golden age for driver's came from regulating competition the same regulation Uber spends going back to the days of prices for Uber takes from drivers their interests should be the same regulation of course slows its growth but there's also another reason drivers compete more money with more drivers but drivers want the opposite less carpet relationships are vendors the App Store Apple can't replace it but drivers are drivers no one in particular. Driving for the company and their first year the two seem economically intertwined unsustainable instead of giving away their first. 25% all day for many drivers it's still a very welcome and useful opportunity i'm freaking Revolution that promised and it made business model it's huge Network but it need not by a single startups desperately try to emulate billion dollars last year that's 12 hours a day many startups and sacrifice profit for growth but who buries 9 years old Facebook make money after 2 the Magic of so many companies is the net every new customer makes it that much easier to get another you joined Facebook because Steve is on it Tim join Facebook because you are and so on for Uber though this is only Regional more drivers does nothing for me every city is a new chicken-and-egg problem remove the driver remove the money eating machine but it means competing with the technology of Google and expertise of either it'll transform into one of the biggest Transportation companies in the world end of the road it plans to go public next year understand this course explain investing and starting with the basics and it stopped by my friends over at business casual agree Channel I collaborated with before I personally watched the course and it really is a nice better yet it's presented in a series of well-produced anime that's what's so great about skillshare you learn from the experts it pays to invest in yourself today so you can be a good investor tomorrow maybe you're inspired to start your own business or just see what it's like classes like this one a cover how an idea videos like this one text to skillshare for supporting the show and to you for what's the new logo as much as I here from you on reddit

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