Evidence their business model isn’t working out. Their scooters (along with all the other companies) have all but disappeared from my area, where they once littered the sidewalk.
Once you fall once or twice on these scooters, it’s hard to ride them again. Especially when it’s the scooter that’s broken, as is often the case. It’s a shrinking market base, consequently. They (Uber-Jump, Lime) should have given incentive by offering some kind of coupons after an accident, instead of declining all responsibility and sending you the terms you signed or ghosting their customers.
Ya ok, call me a cynic, but I doubt it amounts to anything more than a new column in their tables. It’s gonna all be there - there’s too much money on the line to permanently erase anything
Not exactly. This theory applies steady state analysis to a transient problem. Those drivers need money now. And are willing to trade off miles for money, in some sense. They are able to leverage their time and mileage to get income, which they might not otherwise have. They may already have invested in buying the car so that is a sunk cost. In some sense they are just extracting the value of the car combined with their time and some minor profit which is their opportunity cost. The theory also fails to account for the extra utility they drive from earning the cash, which may offset any costs incurred by spiraling downwards mood from financial stress, unemployment, or even the regret of buying a car which they are having trouble paying off. Also they get to still use the car in the meantime, offsetting transportation costs and most importantly, saving them time and extending their ability to acquire other jobs or new opportunity such as education, driving to visit friends and family, etc.
Yes it’s easy to say as a hobby. I’d love to get into nuclear physics as a hobby too. How about 40-50 hrs per week for the next 25 years? Haha doubt it