Uber thinks it’s a ‘good thing’ for cities, but cities are having second thoughts

NYC First Major City To Attempt To Cap Number Of Ride-Hailing Services

Photo by Spencer Platt / Getty Images

In a recent call with investors, Uber CEO Dara Khosrowshahi offered what could be considered a mea culpa to the cities the company ran roughshod over in its early days as a brash, rule-breaking tech startup.

“Listen, we’re just this company that grew very fast,” he said on Monday. “And in the early years, the most important factor [was] speed-to-market, who got there earliest and scaled the fastest.”

But cities that were initially caught flat-footed by Uber aren’t sweating it. If anything, it’s the company that may be sweating as cities have become more adept at making Uber pay for its past and present transgressions. A report released this week helps bring into sharp focus how cities around the world are cracking down on Uber, Lyft,…

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via The Verge – All Posts

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