Rideshare
topic on 2 shows · 2 statements across 2 episodes
2 statements about Rideshare, every show
Russakow: Most people will continue to own their vehicles long term
“And then there's routine travel like commute or running errands, which is like 99% of travel where people prefer to own the vehicle. And so, as you look at the history of vehicles, probably from Ben Hur and the Chariot forward, you realize that that fundamenta…”
Chen: Cutting ride-share wait times below five minutes does not boost conversion
“So for example, in Rideshare, if you are going to get a car called 15 minutes versus 10 minutes, that's very meaningful. But if it's, you know, five minutes versus two minutes, your conversion rate doesn't actually go up.”