A sharing economy lifestyle. Analysts Tried Out Uber And Couldn’t Believe How Good It Was Read more: http://www.businessinsider.com/morgan-stanley-analysts-visit-detroit-and-love-uber-2014-11#ixzz3J7MS3K1K

Now that Morgan Stanley allows employees to submit Uber and UberX journeys as reimbursable expenses, we may never use a traditional car service or rent-a-car again unless absolutely necessary

Uber drivers they encountered told them a similar story: Uber was the only job they could take that offered them enough flexibility to handle their other commitments. Regular jobs — with their rigid schedules — made it impossible for the drivers to take care of their kids, attend class, and renovate a house, respectively. Because Uber allows these people to earn wages they can’t normally, the team believe it may unlock some economic growth that is suppressed by more traditional jobs
Uber isn’t just a car-ride service. What makes it huge, and justifies its astonishing $17 billion valuation is a company, is that it’s basically a geographic supply-and-demand matching engine that guarantees a level of trust between strangers (because both driver and passenger can get the real identity of the other party, and both parties can rate and ultimately exclude the others from the system for bad behaviour.) It’s not just about cars, in other words. Uber’s software could be used for any transaction involving the physical exchange of goods or services between strangers who need to trust each other

http://www.businessinsider.com/morgan-stanley-analysts-visit-detroit-and-love-uber-2014-11

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s