The Business Model Of Uber And Dropbox

The sharing economy has its perks however also its inconveniences. Mary Dejevsky is the writer of “Uber and the “sharing economy” are leaps into the past, not the future”, and in the text she speaks on the downside of the sharing economy. “There are questions, too, about quality of life and fairness. What recourse do you have if you are a tenant or home-owner disturbed by anti-social short-stayers? If you are a neighbor woken by driveway customers slamming their doors at 6am? If pollution is increased by the many more cars plying for hire? If wages are further depressed by casualization?”, Dejevsky lists various of problems that people face or could face now that sharing economy is becoming a global thing. All the things she mentions are pretty

Employment received a hard hit by the recession, but this “gig economy” has been able to provide job openings that are in need. According to a recent study, jobs in the gig economy has grown from 9 to 14% from 2002 to 2014, compared to overall employment which only grew around 7%. Moreover, the gig economy has also had an impact in the current economy, specifically coming from the famous startups such as Uber and Lyft. The Uber and

Uber has widely known for its lower transaction costs which is resulted from efficiency in operation cost, or in other word low labor cost. Uber drivers is not the company’s employees but independent contractor. Therefore, Uber has been criticized for their treatment to the individuals who provide the service under their smartphone applications and take benefits from them (Dyal-Chand, 2015). Average hourly wages for drivers is around USD8 – 10, exclude their car depreciation (Weber and Silverman, 2015). Therefore, Uber transfers part of operation cost such as vehicle depreciation cost and employee benefits to the drivers as its independent contractor. In her note, Posen comprehensively describes and analyzes the lawsuits from taxi industry and states where it operate. Unfortunately, she only provide a glimpse about the lawsuits from Uber’s drivers without any solution to be

The “gig economy”, a terminological alternative to the sharing economy, is possibly the the next major workforce revolution. Providing many individuals means of gainful employment with schedules and opportunities that otherwise would not have been available, this economy of sharing is uncovering many vulnerabilities with the current state of affairs in theis country. Because of this, it could be said this new economic revolution is a double edged blade. Though this metaphor has foreboding connotations, the bennifit of te two edged blade is are more apparent when weilded by a sjulled practioner. As it stands, the gig economy is still in its infancy, so it isn’t surprising that those with a greater understanding of economies and group mobilization

The thesis of this article explains that despite surge pricing achieving the goal that it’s supposed to, (bring more drivers online and present available services to consumers who need them the most) most believe Uber is taking advantage of customers by using extreme multiplier prices. While the author states that this issue between price and product/service is giving Uber a relative degree of bad press, he also gives solutions as to how to fix this problem.

In recent months, there has been controversy surrounding the fairly new and popular concept of ride sharing companies . Primarily, ride-sharing companies are online-based networks that connect passengers with drivers that use their personal vehicles through a mobile platform. Some of the most popular ride-sharing companies include the well-known Uber, Lyft, and Wingz’s. The packleader of them all, Uber, has recently been challenged by the government, taxi companies, and their own drivers over legal matters. They have been accused of bending around labor laws and disregarding regulations around transportation for hire industry in many of the large US cities where they are present. In mid-2015, Uber has been involved in at least 173 different

In modern society’s day and age, we still have many types of transportations that helps us complete some of our daily needs. You can drive, grab a bus, take a train or even get a quick workout and walk. However, as society progressed and wages increased, people start spending money on other ways to get around instead of driving themselves such as Uber: an app that allows other people to drive you places for a small fee depending on its location. Uber may be cheaper than having your own car but it isn’t always very reliable or convenient. Having your own car provides a reliable source of transportation. Although insurance and maintenance can be pricey; Uber is a relatively cheap and easy system of transportation, although it can be unreliable.

As people are finding it harder to land jobs straight out of college, we are beginning to see a dip in ownership and a rise in collaborative consumption, the communal sharing of goods and services. Collaborative consumption is essentially an extravagant word for renting, and as young people are finding life to be more expensive than they once thought, renting seems to be the only option for many urban Americans.(HOOK) Collaborative consumption has been on the rise ever since the introduction of the World Wide Web when innovative companies such as Napster have stepped into the limelight and revolutionized the way we lived our lives. Rather than having to harry pounds of CD’s and cassette tapes, one could quickly download their favorite songs

In every city Uber cabs have flooded, there have been numerous occasions where this ride sharing mogul has been taken to court. Whether by its own ‘independent contracted’ drivers or by disgruntled customers, to say the least Uber’s penetration into new cities is never easy. Taking the landmark California court case as an example of legal expenses endured by Uber, the firm was challenged in court which later ruled that Uber drivers were indeed employees of the company ("California Says Uber Driver Is Employee, Not a Contractor"). This momentous court case is just one example of legal fees Uber has had to pay, which resulted in the deterioration of the firm’s available

The purpose of this project is to propose a policy recommendation for Airbnb against New York City authorities to minimize the negative impact of the new city laws on Airbnb’s business in New

Since the emergence of Airbnb in 2008, concerns have been raised over the shortage of rental housing especially in big cities like New York and London. The claim is that due to increased participation of homeowners as Airbnb hosts, rental prices have surged dramatically (Booth, K., 2015). It has also been touted that Airbnb gives way for ‘illegal hotels’ that reduce availability of long-term flat rentals, particularly for low-income tenants (Masnick, M., 2013). This means more people are struggling to find decent housing and have to settle for properties that have safety hazards or poor rent security for an affordable rent. An expected outcome is an increase in urban homelessness.

Uber is a technology company which provides transportation solutions to its customers by seamlessly connecting riders to drivers via their mobile app. The company was founded in March 2009 by Travis Kalanick who is currently serving as the CEO of UBER and Garrett Camp. The company is headquartered San Francisco, California. The company currently operates in 65 countries and serves customers in 351 major cities around the world . Uber’s current year revenue is expected to close to $10 billion with expected growths of 300% in the upcoming couple of years . During the course of this paper, we will be performing a competitive analysis of Uber using various frameworks like the STEEP analysis, Porter’s five forces analysis, RBV and SWOT analysis.

The concern here addresses three major jargons, “share businesses”, “urban areas”, and lastly “wicked problems”. The phenomena “Shared business” refers to the concept of collaborative consumption where the economic arrangement facilitates the participants to accesses the product or the service rather than an individual ownership, enabled by technologies and peer communities. A sub phenomena to this can be “shared services”, where funding and resourcing of the service is shared and the providing department effectively becomes an internal service provider. On the contrary the other jargon “urban areas “refers to areas with high population density and vast human built features compare to the areas astounding it and the last jargon “wicked problems”, according to Horst W.J. Rittel and Melvin M. Webber, professors of design and urban planning at the University of California at Berkeley, it refers to the problem conventional method fail to resolve while they may exacerbate the situation by undesirable consequences.

The widespread of mobile tablets and advanced payment ways motivate the advent of the technology-based sharing economy like Airbnb and Uber. The sharing economy nowadays is just a reengineered consumption model consists of old processes and digital technologies (Sundararajan, 2013). In other words, digital technologies are the powerful enablers for the rising of sharing economy.

The sharing economy is an economic system that revolves around the sharing and renting of items from other people. Uber and Lyft are two huge companies that use the sharing economy to run their businesses, both companies hire people who own cars and have free time. Employees drive around until they get a signal that someone needs a ride through their online app. This business may just seem like an updated taxi service, because that is exactly what it is. These companies are devastating the taxi industry by taking away the business that taxi drivers have had for years. The sharing economy seems like a great idea on the surface but, the underlying fact is that it is taking the jobs of working people. The sharing economy is fueling the growth of these new companies and is the reason that many taxi drivers are not able to make the money that they need, to stay relevant taxi drivers either need to join the ride sharing business or create a new business model.