Opinion certainty 3/5 debate potential 3/5

Menashy: Uber expands the transport market rather than replacing black cabs

Simon Menashy · How to Pitch a Top VC with Simon Menashy @ MMC Ventures · May 25, 2015 · at 9:19

Simon Menashy, Investment Director at MMC Ventures, addresses whether on-demand ride services like Uber displace traditional black cabs.

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“I don't think it's replacing black cabs. I mean, there may be a little bit of replacement in the short term, but I think it's enabling totally new journeys.”

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