Behind every great fortune, is a great crime.
City Paper has an eye-opening inside look at how much you make being an Uber driver in Philly.
So many choice nuggets, here are just a few:
So it's no wonder the taxi industry is having so much trouble competing with Uber — taxi companies have to pay to maintain, acquire and insure all the cars in a taxi fleet. Uber's drivers shoulder that burden themselves, with expenses eating around 20 percent of total gross fares. And Uber's gross fares, according to a Business Insider tipster, are expected to hit $10 billion in 2015.
Driving for UberX isn't the worst-paying job I've ever had. I made less scooping ice cream as a 15-year-old, if you don't adjust for inflation. If I worked 10 hours a day, six days a week with one week off, I'd net almost $30,000 a year before taxes.
Uber, you know, a company "valued" at 50 billion dollars.
What did Chris Rock say? Behind every great fortune, is a great crime?
via Daring Fireball