On: Uber’s Financials: An Inside Look

[mandeepj]

>In reality Uber is just like Visa. They are a transaction processor.

No. Sorry. They are also processing the transaction and keeping the whole amount of transaction which is not what Visa does.

[tinymollusk → mandeepj]

Don't they pay drivers 70%? That's somewhere in between paying your service contractor and passing along the 97% that VISA does.