<story><title>Uber launches flat fares in San Francisco through subscription</title><url>https://www.uber.com/info/plus/sanfrancisco/</url></story><parent_chain><item><author>Nashhhh</author><text>The key difference being that in the case of Uber, those VCs and investors gave their money voluntarily.</text></item><item><author>Analemma_</author><text>Margaret Thatcher once said &amp;quot;The problem with socialism is, you eventually run out of other people&amp;#x27;s money&amp;quot;, which makes it ironic and humorous that Uber, the poster child of Valley Objectivism,  has basically the same problem with their &amp;quot;price dumping funded by VCs&amp;quot; model.</text></item><item><author>tachyonbeam</author><text>I had the same reaction when I rode UberPool from the south bay into SF (a 45 minute ride) for just under $18, and nobody else pooled with me. How could this be fair to the drivers? So I asked the driver how much he was getting for the trip. I believe he said something like $50. Fortunately, he wasn&amp;#x27;t getting shortchanged.&lt;p&gt;Later, someone pointed out to me that Lyft and Uber are aggressively competing right now. It seems that Uber might be artificially deflating its prices to try and kill the competition, or discourage new companies from even entering the market. If they do manage to kill Lyft, you can be sure they will raise their prices again.</text></item><item><author>mmanfrin</author><text>I used Pool last night in the city. Took me from the Fidi to Inner Richmond. $2.37. It was almost cheaper than Muni. I can&amp;#x27;t imagine the drivers are making much &lt;i&gt;at all&lt;/i&gt;.</text></item></parent_chain><comment><author>tedunangst</author><text>Voluntarily, but not without expectation of recompense. At some point the monopoly will start focusing on another source of money...</text></comment>
<story><title>Uber launches flat fares in San Francisco through subscription</title><url>https://www.uber.com/info/plus/sanfrancisco/</url></story><parent_chain><item><author>Nashhhh</author><text>The key difference being that in the case of Uber, those VCs and investors gave their money voluntarily.</text></item><item><author>Analemma_</author><text>Margaret Thatcher once said &amp;quot;The problem with socialism is, you eventually run out of other people&amp;#x27;s money&amp;quot;, which makes it ironic and humorous that Uber, the poster child of Valley Objectivism,  has basically the same problem with their &amp;quot;price dumping funded by VCs&amp;quot; model.</text></item><item><author>tachyonbeam</author><text>I had the same reaction when I rode UberPool from the south bay into SF (a 45 minute ride) for just under $18, and nobody else pooled with me. How could this be fair to the drivers? So I asked the driver how much he was getting for the trip. I believe he said something like $50. Fortunately, he wasn&amp;#x27;t getting shortchanged.&lt;p&gt;Later, someone pointed out to me that Lyft and Uber are aggressively competing right now. It seems that Uber might be artificially deflating its prices to try and kill the competition, or discourage new companies from even entering the market. If they do manage to kill Lyft, you can be sure they will raise their prices again.</text></item><item><author>mmanfrin</author><text>I used Pool last night in the city. Took me from the Fidi to Inner Richmond. $2.37. It was almost cheaper than Muni. I can&amp;#x27;t imagine the drivers are making much &lt;i&gt;at all&lt;/i&gt;.</text></item></parent_chain><comment><author>hkmurakami</author><text>Presumably (hopefully) the socialist government for this hypothetical nation would have been voluntarily put in place by the voting public.</text></comment>