Yo Travis, We Need To Talk!

Travis,

I just got off the phone with Farmers Insurance regarding this new insurance coverage we are supposed to add today. My existing insurance is costing me right around $200.00 per month. To replace my current policy and add the TNC insurance coverage with a Farmers Policy it will cost me a $475.00 down-payment and $292.60 per month. In other words . . .$738.00 additional expense for 6 months.  HOW THE HELL AM I SUPPOSED TO PAY FOR THIS WITH THE MEAGER INCOME UBER PAYS ME?

As I said, we need to talk. I understand that you have shit poor accounting and management practices eating up your operating capital. That does not surprise me much as that same accounting and managing has led me to financial failure also. But the both of us in the same situation, is indicative of the need to raise rates back up to ensure both Uber and the drivers earn enough to pay the bills and have enough to eat on once in a while. You also may want to consider reduction of the Uber internal employees salaries, including your own. Or, have you considered maybe asking Santander or Exeter Financial for a Business Loan? I hear they will give you a real good interest rate and discounts if you open a loan with them. You could be in worse shape. Like me, you could have listened to your lies only to end up getting “repo’d” and going “belly up” so that now I cannot buy a glass of water on credit.

So, let’s talk. RAISE THE DAMN RATES! This is a business! You are supposed to make a profit. This time why don’t you raise the rates so you receive part of your income from the consumer instead of taking it all from the drivers. Seriously, RAISE THE RATES! Unlike your theory that by reducing rider fares and driver rates will increase ridership thereby creating additional income for the drivers, which sucks by the way. Oh, you know that. That little economics exercise proved that Uber could screw the drivers by increasing drivers expense while increasing Uber income was a real  good plan. Since you started that shit plan, I have yet to receive any form of actual profit. You have impressed me.

This time let’s raise rates and fares in a more conventional way. This time, how about you charge the rider a fare that actually pays both the driver and Uber enough to keep both of us out of the red for once? Wait a moment! You know you got gobs of database data that you have use to demonstrate every damn one of your lies true. Don’t you have anybody that really knows how to read your data to tell you exactly what rates and fares are necessary to run this company in the black? I have a basic understanding of database theory, would you like my help. If I cannot resolve the necessary calculations for you based on your database data, I have a calculator on my cell phone and a scratch pad with pencil. I am sure I can figure it out for you. Of course if you eliminate all of those Database Administrators from the payroll that cannot tell you this information in a matter of minutes, that would  eliminate some un-necessary expense which would be beneficial for the company anyway.

In the interim Travis . . . How the hell am I supposed to pay for this additional insurance, which is actually your expense anyway. Yes, I know . . . Drivers are stupid. We accept any horseshit line you feed us as though it the right thing. Drivers are expected to provide their own personal insurance policy, Uber is expected to pay anything above that. This “gap” policy should be paid by Uber and not by the drivers. I guess this is the new regulation that Uber will have to confront. Now, new drivers will be expected to pony up close to $750.00 to drive for Uber. Good job Travis! Oh don’t worry, this is one of the first things to be addressed in my complaint presented to the Labor Commission.