Hacker News Reader

It's a company openly founded on "we can make money if we ignore the law". That they weren't trustworthy seemed pretty obvious from the start.

It's not about trust. Uber is just realizing they don't really have any moats.

All the gravy they collected from riding the gravy-regulation-skirting train was wasted on trying to build competitive advantages, developing self-driving and rewards programs like these to make it more attractive to customers compared to competitors.

They've been selling $2 for the price of $1 and now that the party is beginning to die down, they're doing what any large faceless corp is doing - reducing the quality of the services they offer so they can extend their own runway.

You mean there was a point where you could trust a business that broke local laws repeatedly and never had a profitable business model?

Uber certainly has things in its past that make it a company you can't trust, but discontinuing a credit card with ample notice and reissuing it?

I mean, in a thread about discontinuing a rewards program with ample notice, it seems pretty relevant to mention the credit card which suffered the same fate.