This Means War
This morning, Lyft accused Uber employees and recruiters of ordering and canceling over 5,000 rides as an act of sabotage. Uber has since spoken out, not only calling it “untrue,” but saying that Lyft is the real perpetrator, and has done the same thing to them almost 13,000 times.
Over the course of the Read More
We don’t know what it is with startups and their obsession with offering special services to Hamptonites. They have many of the same apps the rest of us do, only with perks: helicopter rides, ice luges and now, private chefs.
This weekend, Uber will deliver private chefs to Hamptonites who are holding summer soirees, Read More
Rich People Things
The war between Uber and the cab drivers of New York City has been ugly, but now Uber’s running a risky new play to undercut yellow cabs and convert more New Yorkers to their services.
Uber is cutting 20 percent off all UberX rides for a limited time, which by Forbes’ estimate means that Uber is losing Read More
Sharing is Caring
If you’re reading this from a car stuck out on the Long Island Expressway, packed in by Memorial Day traffic, remember: it didn’t have to be this way.
A new app called Blade has launched in time for the holiday weekend, allowing you to book helicopter rides out to the Hamptons this summer. It’s like Uber for the modern Gatsby.
Sharing is Caring
It used to be that if you wanted to start an underground cronut delivery racket, you’d have to do it through craigslist. But now there’s Shout, an app where you can find not only cronuts at the insane price of $30 a pop, but reservations and tickets for top restaurants and shows in NYC.
Shout is a marketplace for “spots,” which just means any commodity attached to your name: a train ticket, a place on a line, or a dinner reservation. If you’ve put down your credit card for a reservation, or can’t get a refund on a ticket, you’d hop on Shout to see who wants it.
The app was inspired by a hypothetical question the cofounders had on their way to an airport: how much would it cost to convince someone to give up their seat on a plane?
Letter From San Francisco
Rideshare app Lyft announced last week that they’ve raised a whopping $250 million in Series D funding, putting them at a total of $332 million in venture capital investment.
Though this puts them slightly ahead of Uber, which has $307 million, it doesn’t necessarily mean that Lyft is ahead in the market. We can’t know for certain Read More
Mi Casa Es Su Casa
SAN FRANCISCO — The reputed inventor* of the modern Mission burrito – the Chicano food tube that’s sustained entrepreneurial San Franciscans from the 1849 Gold Rush through both dot com booms, has a problem. Judging by Yelp, the historic Mission eatery has been coasting along more on tradition than taste. Even OG’s aren’t impervious to the brash rules of the review economy, thus a beleaguered La Cumbre rep toils online, addressing their poor reviews one by one.
At the Digitial Life Design conference in Munich today, Airbnb CEO Brian Chesky gave a talk about the “sharing economy,” another way of describing the peer-to-peer ecosystem that Betabeat has been closely following. In the talk, Mr. Chesky placed Airbnb in the third-wave of the internet. After e-commerce and social connectivity, this new wave is about using online platforms to share online experiences. According to Mr. Chesky, this wave, which could include companies like Skillshare, TaskRabbit, and Zaarly, can also be unexpectedly lucrative.
Take New York City, for example, where Mr. Chesky said you can “literally” find an Airbnb on every single block in the city. (Currently there are 10,068 listings in New York.) As TechCrunch reports, on stage, Mr. Chesky said, “Airbnb hosts in NYC make $21,000 a year on average, and some even up to $100,000 a year, which I think everyone would agree is a decent chunk of cash for anyone.”