> Using uberPOOL, instead of uberX, I’ve saved on 301 rides * ($14.45 average UberX ride – $10.66 average pool ride) = $1140 savings. In exchange, I’ve sat longer in rides. That’s 301 rides * 8 minutes extra minutes per ride on average = 40 more hours in pool rides. $1140 savings over 40 hours is equivalent to Uber paying me $28.50 / hour to ride uberPOOL.
Since he’s paying Uber with after-tax non-deductible dollars, it’s actually more like earning ($28.50 / .6) = $47.50 per hour.