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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




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