To Beat Uber And Lyft, This Startup Vows To Give Its Drivers The Full Fare
Nomad Rides says its platform charges riders 20% less while drivers earn 20% more, paying Nomad a flat monthly subscription—currently, $25 per month.
https://www.forbes.com/sites/kenrickcai/2019/08/22/nomad-rides-commission-free-ride-hailing/amp/
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To Beat Uber And Lyft, This Startup Vows To Give Its Drivers The Full Fare
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Something I've heard from a lot of drivers is there's too much idle time on Lyft because fewer riders when compared to uber. So most drivers do both, but are clocked in to Uber much more than lyft. How would any new platform try to compete with Uber or Lyft without being bankrolled big time by VCs?
refer this thread: https://twitter.com/KateClarkTweets/status/1163557688464117760
But when what seems to be a joke does work out well -- they turn out to be extremely good..
rider, driver or both?
Both of these incumbents can do a pilot of that business model for while and if it works, roll it out.
What’s going to happen to Nomad then? Also drivers need to cover their own insurance expenses with this app