You won't have normal cab prices, you'll have cab prices plus the cost of Uber's 20,000 engineers as well as whatever ROI that that VC money is expecting.
As I understand it, they are able to streamline or bypass some of the regulation of traditional taxies use and offer a cheaper product this way. So it would be a cheaper cab ride plus the 20,000 engineers and profit.
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You won't have normal cab prices, you'll have cab prices plus the cost of Uber's 20,000 engineers as well as whatever ROI that that VC money is expecting.
As I understand it, they are able to streamline or bypass some of the regulation of traditional taxies use and offer a cheaper product this way. So it would be a cheaper cab ride plus the 20,000 engineers and profit.