Tag: New York City
Why Did Google Invest In Uber?
In 2013 Google Ventures put $258M into Uber, in its largest deal ever. Since then Uber, the app-driven system that gets cars to take you places, has been growing like topsy. Recently I have been using a lot of Uber cars in Austin, Washington DC, and New York City. The service is great, the cars…
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The $144,146,165 Button
Just think, one button that increased New York City cab revenues by $144,146,165…per year! This is an unintended benefit of emerging payment technology i.e., in this case, mobile card payment acceptance. Read the full story and the calculation via The $144,146,165 Button. Contrast this to my London experience today, “Sorry cash only. Credit card machine not working.” I wonder how many London taxi…
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