Uber vs Lyft | Black Cars and Pink Mustaches | 1

Business Wars

Wondery

History, Business, David Brown, Management

4.6 • 13.2K Ratings

🗓️ 1 June 2020

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It’s December 2008, and two friends and fellow tech entrepreneurs, Garrett Camp and Travis Kalanick, can't get a taxi. Camp’s already obsessed with the idea of a service that summons a private driver with the push of a button, but now Kalanick gets the appeal. Together, they'll build Uber, and do whatever it takes to reign supreme.

Meanwhile, recent college grads John Zimmer and Logan Green channel their shared passion for the environment into the creation of a carpooling startup for long rides. But pretty quickly, they realize they need to service short trips, too, and Lyft is born. But in order to succeed, they have to convince people to jump in a car with a complete stranger. And, they’ll have to go up against Uber in a battle for ridesharing supremacy.

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Transcript

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0:00.0	Hey, prime members, you can listen to business wars, add free on Amazon music.
0:04.8	Download the app today.
0:07.0	It's a cloudy, cool morning on May 8, 2019 at the Los Angeles International Airport.
0:22.3	Like always, the place is packed with Uber and Lyft drivers, but today, they're not behind
0:27.3	the wheel.
0:29.3	No, they're on the sidewalk.
0:31.5	They're dressed in baseball caps and jeans.
0:33.9	They hold printed signs that read, regulate ride share, and no Uber IPO without drivers.
0:41.3	They're on strike.
0:43.0	A car with an Uber sticker on its front windscreen crawls along the slow lane.
0:47.2	The driver is scanning the sidewalk for his rider.
0:50.3	One of the protesters steps into the road and jabs his finger in the air at the driver
0:53.8	and calls him names.
0:56.0	Names most unmentionable.
0:58.2	And drivers aren't just at airports.
0:59.9	In San Francisco, they're taking their complaints directly to City Hall, similar protests are
1:04.5	happening in cities across the country.
1:09.1	Many drivers work 60 hours a week for Uber and Lyft, but the companies still don't categorize
1:14.1	them as employees.
1:16.0	That means they don't get any benefits.
1:18.3	And even though they may sit in hellish traffic for 12 hours a day, they only average about
1:23.1	20 bucks an hour, and that's before taxes, fees, and their own costs.
	...

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