Hacker News new | past | comments | ask | show | jobs | submit login

"market is down today, which isn't helping Uber but its probably not much of a factor"

It's actually a big factor.




> "market is down today, which isn't helping Uber but its probably not much of a factor"

> It's actually a big factor.

I assume you are trolling but just in case....

the SPY is now up on the day and Uber is still below its IPO price, so I guess we can put to rest the idea that a down market is a big factor in Uber trading below its IPO price.


Market is up today (as of 3:20pm EST). Über and Lyft are down > 6% .

SV Unicorn hype aside, there's not a big moat around running a jitney cab company.


Hmmm. Never heard that term before. I usually hear "gypsy cab".


https://www.merriam-webster.com/dictionary/jitney

> Definition of jitney

> 1 : an unlicensed taxicab



Just FYI many people consider “Gypsy” a slur nowadays since it’s commonly used in regards to illegal behaviors (like running outlaw cab services). I understand your intent was not to offend, but this is perhaps why the parent referred to it by a different name. See more on Wikipedia: https://en.m.wikipedia.org/wiki/Names_of_the_Romani_people




Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact

Search: