Lyft and Uber threatened to stop doing business in Minneapolis after the city council adopted a new rule Thursday that would set a minimum wage for rideshare drivers.
Okay bye bye. It’s not like they suddenly take all the drivers and their cars with them. Are they forgetting what business they are in? All they do is match drivers with passengers. Some other scrappy startup can easily fill that gap when they leave. Uber became only big because of first mover advantage and cut throat capitalism. Their tech is not groundbreaking.
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