*monkey paw curls*
If you own your fleet, you have to utilize it efficiently or lose money. If you don't your only incentive is to lower wait time by constantly trying to grow your supply side.
Well, it turns out ridehail has no discernible impact on car ownership at all.
Analysis from Glenn Mercer's excellent newsletter:
glennmercer.substack.com/p/the-impact...
If you own your fleet, you have to utilize it efficiently or lose money. If you don't your only incentive is to lower wait time by constantly trying to grow your supply side.
📽️📅 Back to the Future (1985)
📽️📅 Back to the Future (1985)