Uber is pure evil!

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In recent past there have been 3 evil companies that come to mind – Monsanto, Enron & now Uber. Probably UBER is more evil than both Monsanto & Enron combined!!! Read on to find out why…

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To put it straight UBER is a ponzi scheme company. Ever heard of a company that promises to double your money in 6mths time? Yeah UBER is exactly that kind of company and its shocking they never got caught!!!

It promises you an income of Rs 100,000 ($1,500) every month if you invest brand new Rs 1,000,000 ($15,000) Car and also drive it with Uber.

So a common man thinks OMG you can recover the cost in just 10 months and from then onward its profit and it seems like a very good investment to make.

In India Uber promises to pay car owners Rs 1,00,000 (approx $1,500) per month if they work approx 12hrs but Uber pays only Rs40,000. That too even when they drive 12hrs/250kms every single day. In driving 250 kms every day the drivers incur expenses of Rs 90,000 in 30 days (unfortunately the income is so low you cannot afford to take days off)!

  • An Uber driver burns at least 10ltrs of petrol/diesel every day!
  • All 4 Tyres needs to be replaced yearly.
  • Full servicing & maintenance  expenses.
  • Daily Car washing
  • Yearly full Insurance cost
  • Pays very high mobile Data & Call rate

The Uber fares are always at least 20% below the government approved Taxi fare established by the Trade Union and the Government. On top of this they reduce the fare another 20% as promotion frequently.

This undercuts a normal car owners/driver’s income by at least 40%.

So if this is not a fraud company then what is?

This undercutting works in US because a 75% car owners double up as drivers because of no jobs. But in India only less than 25% of the car owners drive Uber cars because of various reasons. In India owners buy the car and give it to drivers so in this case if the income is low there is nothing left to share between the two.

Uber says it charges Rs6 per km… but its passengers after traveling 10kms the fare is not Rs 60 but the fare is Rs215. The passenger feels he paid less when compared to paying the Govt Taxi rate of Rs 270 and he feels that he made a big savings. The truth is they are paying for a ride that they would not have taken otherwise.

Even the passengers wonder how is it possible to ferry people at such a low rate!

As for Uber the fare is NEVER fixed and it keeps changing based on various parameters like:

  • base fare,
  • per km fare,
  • timebased fare,
  • best of both time & km rate fare,
  • surge fare

and thus you get clubbed with a mix of all the rates added together to get the highest fare based on the moment you booked the cab.

  • Passengers get tempted by the low rate & spend on more rides.
  • Passengers get charged 3 times more during peak hours
  • Car Owners & Driver’s earnings are much less than before Uber
  • Driver’s profit is reduced even more during promotions
  • More passengers doesnt mean more profits because in 12 hrs its impossible to do more than 20 trips.

If this is not fraud then what is?

So who is the ONLY winner in this GAME? Of course Uber!

Uber earns huge income with ZERO investment.

Even in Sharemarket you have to pay money to buy shares. But with UBER the company makes ZERO INVESTMENT. Even the GPS and maps used are not of UBER but 3rd party apps like that of Google Maps & Waze Maps.

The car is invested in UBER by the owner who also has to pay a salary to the DRIVER. So Uber neither pays the Owner or the Driver any salary. What Uber pays is the bare minimum income to the driver so that the drivers keep their vehicle on the road almost perpetually.

  1. Uber is no way entitled to take more than $0.50 for every trip for giving the lead. Nothing more, nothing less.
  2. Minimum fare should at least be enough for a car wash (at least 250).
  3. The money collected should go to the Driver’s Bank Account First instead of Uber’s bank.
  4. It should be up to the Driver to deposit the Uber Fee of $0.50 for his trip at the end of the month along with the number of trips. This can be done easily digitally by the car owner. This is how things worked in traditional system and there was a reason for it… and its called TRUST. Which Uber doesn’t have of anybody!
  5. It is up to Uber to keep account of this and not the drivers who are not very good in accounting.
  6. Today there is no way a driver is able to make out if the amount he is getting at the end of the day is a profit or a loss.

LOSS is ONLY experienced by the Vehicle Owner!

Since UBER experiences no LOSS it can be said that it earns only PROFIT.

If this is not fraud then what is?

UBER is not a market disrupter it is a market destroyer.

The sooner people & government wake up and smell the coffee the better.

Wherever UBER has entered to do business there have been nothing but chaos… Passengers (riders) don’t realise that they are being cheated and overcharged… but the drivers know that the passengers are being cheated.

The drivers are realising that they too are being cheated… even in its home country USA…  drivers have become sick of the world UBER and are protesting against it…

Many people say “I UBER-ed” to office… the fact is the riders have been “ubered” or robbed of their money.

“Ubered” in the sense that they had been conned.

Due to peak hours when most people need Uber they have to pay Rs 500 & Rs 700 instead of the Rs 150 ride! Yet the driver never gets even half of this!!

UBER is a fraud company and people are being conned all over the world in a way never attempted before!!! Possibly the only exception being East India Company.

Its safe to say UBER is the East India Company (EIC)of this century!!!

EIC used and paid  the people of a country to destroy their own country completely… and then ruled over it once it was weak. Uber is doing the same thing using the drivers to destroy their own markets… and the drivers do not have another option once they have purchased the vehicle under a Bank Loan!!!

When UBER first comes to town (honeymoon period) they are very… generous both to the passengers (called riders here on) and to the drivers.

To the riders UBER hands out Santaclause like gifts like free rides – first ride free, weekend free ride, holiday free ride, etc.

To the drivers UBER gives rates that are higher than what is existing in the market to keep them happy initially.

Refunds are given to the riders & drivers any kind of problems are solved or responded to. Word gets out and many riders & drivers join Uber.

Once many drivers sign-up UBER… then Uber drops rates by bringing in a cheaper service and all hell breaks loose.

The drivers feel cheated… the riders feel cheated because many drivers refuse to drive creating surge-like prices even in non-peak times and UBER is super happy laughing its way to the bank.

UBER also routinely creates fake surge-periods… You can see surge even there are quite a few empty taxis and empty UBER cabs driving around looking for riders… so how come it is Surge period?

UBER keeps sending out many fake promotions, the maths of which never makes any sense, probably because it never intends to pay the driver because the calculation is not based on existing practices or a percentage of sales/business.

The maths is something like this… UBER promises to pay drivers Rs 200 for achieving target of Rs 100. How can any company pay double its income… its like the ponzi scheme.

Yet to get even this Rs 200 Uber puts in special IMPOSSIBLE clauses like you have to sit in the car for 6 or 8 straight hrs, and for those who do achieve this Uber just refuses to pay. Then you  have to keep raise a complaint in their system and it keeps replying you with standard messages. Then it gets the messages get answered by some another person with whom you explain the whole thing. Then some another person comes in and then you keep repeating this all over again until one day message comes that the complaint has been closed. Duh!

You have the option of starting this all over again. Its so obvious that Uber doesn’t want to pay its drivers.

In the below video…at 4:00 you can see UBER CEO Travis Kalanick getting angry and running away when his UBER driver asks him “why you raising the standards and dropping the prices?… you made me bankrupt… you will not go far with this…”

The low rates are engineered to put local rival companies (most of whom have invested in infrastructure manpower have proper fleets and follow existing labor laws) out of business.

It is SHOCKING that Governments of many countries allow such ponzi companies (that do not have even one car) to manipulate the Taxi-Industry.

It is groundbreaking achievement for a company that refuses to even put up 1 taxi. Bribing the government and the Taxi unions could be where they spend their money.

When people get first hand experience of UBER they are completely in awe of it. First they are gobsmacked by the GPS feedback on the UBER app from Google Map showing where the present UBER car/driver is and what is the Expected Time of Arrival (ETA).

Then they are surprised how easily the driver found their place to pick them up, more so if their address is difficult to explain or if there are no big landmarks that stand out to describe.

Now all of this amazing technologically advanced stuff is done by Google Maps Navigation software which is freely available to all and can be achieved with a Whatsapp “Send Location” button.

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Uber is a JOKE! Its the only American Company that pays like a Chinese Company! It uses predatory pricing without commitment to Taxi-infrastructure and thus destroys already existing Taxi-Infrastructure!!!

Then they are bowled over how sweetly UBER has told them before their ride that it will overcharge them not Rs 50 but 300% because its PEAK TIME. See demand-supply is an interesting game especially if the controls are with Uber…

Due to this Uber’s servers can create artificial surge situations.

How can Uber take profit on navigation services provided by Google Maps? Since UBER do not have any Navigation Application by itself???!!!

UBER has placed a lot of weird blogs & videos on the Internet promoting the company and its lifestyle.

Almost all of the “for UBER” pics and videos are paid pics, blogs & videos or one can say its a third party (drivers & riders) who has been paid to say good things about the company.

Yeah UBER promises money for promoting their company in US but never pay all its advertisers… probably it pays some of them.

UBER never likes to pay money to anybody neither to its drivers nor to the Government. UBER like all Illuminati companies hate to pay Tax they try to push the responsibility on to the drivers.

If the slogan for Google is 'Don't be evil', then the slogan for Uber is 'Do a little bit of evil & don't get caught.' - Peter Thiel

Keep in mind… almost 99% of the stuff out on the net against UBER are true, because nobody is going to waste their time posting so much lies about any company.

To experience how terrible UBER is just go to any complaining Youtube Video and read the comments below… there will be 100s of UBER drivers who complain about many UBER stuff and worst of all about how UBER fakes “surge”.

Drivers (because they do about 10 to 20 drops per day & about hundreds of rides per week) are able to figure out how UBER is robbing them & the rider. But the riders who do maybe 1 or 2 rides a day or week are unable to figure out how UBER is robbing the riders. Even when they do get fleeced the riders do not mind much (agreeing to pay 2x & 3x surge price are example) because they don’t use UBER every single day!

Uber keeps saying lower prices are good because more people will take UBER rides and more riders will translate into increased income. THIS IS FALSE.

This is true for UBER but not true for the driver because physically the driver has to drive in city traffic, drive within the speed limit and also pick-up and drop about 15 to 20 rides per 16hr day. If rates are lowered from Rs 100per ride to Rs 66 per ride it will take 30 rides (increased expense) for the driver to get the same level of income.

Thus he will have to work 20 hrs instead of 16 which again increase his expense on outside food. Thus the whole viscous circle continues pulling the driver more and more into debt.

Note that Uber is charging a VERY HIGH 25% profit for services that are SOLELY based on Navigation services which are provided absolutely free by Google Maps Navigation. Since Uber has not invested in infrastructure (taxi-fleets) nor invested in creating the navigation Maps software they cannot charge 25%. They can have charged 25% if they had provided the infrastructure.

Technically a company (Uber) can charge a percentage on the PROFIT and cannot charge  a percentage on the FARE!!! Because Taxi Fares include the operating expense of the Taxi-owner which usually include:

  1. Depreciation for car over a period of 5yrs (since Uber prefers below 5yrs old cars)
  2. Insurance cost
  3. Cost of Petrol/Diesel for 10ltrs to 16ltrs
  4. Monthly 10,000km servicing cost+Yearly Tyre+ Brake pads & Battery replacement cost+
  5. Driver driver salary.
  6. Profit

Now let us calculate…

1. Cost of Car: Eg. Maruti Swift Dzire Cost = Rs 750,000

Since UBER do not like cars older than 5yrs and the fact it could run about 250kms every day we will anyhow have to sell off the car after 5yrs. So we will consider a depreciation over 5 yrs.

Thus Rs 750,000/5yrs = 150,000 per year or Rs 12,500 per month

2. Insurance Cost: For Maruti Swift Dzire it is around Rs 12,000 per year

3. Cost of fuel: Now if a diesel car runs 250kms per day it will need minimum of about 10ltrs every day. In Feb 2017 diesel price is Rs 64/L in Mumbai. Thus the car will need Rs 640 worth of fuel daily or (Rs640x30days) Rs 19,200 per month.

4. Cost of Service: At a service cost of 0.75 perkm and 250km daily the monthly mileage should be around 7,500kms monthly x Rs0.75 = Rs 5,625. Add Yearly tyre, brake-pads & battery replaement which will be another Rs 5,000 monthly. Consider a round total of Rs 10,000 per month.

(Total till now Rs 12,500 + Rs 12,000 + Rs19,200 + Rs 10,000 = Rs 53,700)

5. Driver Salary/Food cost: Considering that the car will run 250kms per day it will take a minimum of 12 hrs. To go through this 12 hrs the driver will at least have to take in 2 snacks and if each cost around Rs 300 he will be spending around Rs 600 daily on outside food. This will add to Rs 18,000 per month.

6. Profit: Anything above this would be considered a profit. So if you are paying the Driver Rs 18,000 the cab owner must at least make Rs 20,000 per month… else the whole effort is futile.

Grand Total = Rs 53,700 + Rs18,000 + Rs 20,000 = Rs 91,700 rounded to Rs 92,000 per Month @ 7,600kms. Note almost 60% of it is the cost of maintaining a car that runs 250kms per day.

This is the approximate figure that UBER promises to pay in general… so that the car owner doesn’t feel that he will loose money doing Rs6 per km… but UBER never pays up anything more than what the car owner earns… citing some reason or the other!

This means to run profitably a Taxi the owner needs to earn a minimum of Rs 92,000 after running 7,600 kms which means that he earns at a rate of Rs 12.10 per km. Anything below this will be a loss for him.

The reason UBER is charging Rs 6 per Km is:

a) To destroy the Taxi-market and hoard all the business for itself without putting in as much as a telephone line or even desk…

b) To get all the riders supporting for them. After all UBER has announced dirt cheap rates (which very craftily it has reserved for only certain hours of the day when there is no surge). But if Uber can cheat its employees once UBER has taken over the whole country then they will charge exorbitant rates from its riders and also do away with drivers and use self driving cars. All car manufacturers are today working towards UBER’s self driving cars!!!

Have you ever heard of companies never paying incentives for their employees which they had promised. This is one such company. Below are some of the videos where drivers explain why UBER is utter shit read the post and also read the comments on the postings to see how rotten this UBER company is:

Uber is using Google’s free Navigation Technology not to empower people and provide employment but Uber is using the technology to cheat both riders & drivers and destroy markets and driver’s life in its GREED for profits (which it uses to destroy another market in some new country or place)… and thats why UBER is EVIL.

It is in this aspect that UBER is similar to Monsanto, Enron and East India Company! Pure EVIL… and worst face of captilism!!!

If you dont believe this post then spare a moment and go through the below links:

Indian Uber Drivers complaining:
Low Prices closing Indian Taxi business:
Uber customer service representative says Uber is Evil:
US opens criminal case against UBER’s syping software called GREYBALL:
Why Uber is a scam: https://www.youtube.com/watch?v=fgQPj90OrQE
Uber Pool: https://www.youtube.com/watch?v=inFgkKRhUoc
Uber Pool Problems of both passengers & drivers: https://www.youtube.com/watch?v=I69AeB6T9-4
Why are Uber drivers considering legal action? BBC News : https://www.youtube.com/watch?v=YIvB1ND1H0s
How much do Uber really drivers make: https://www.youtube.com/watch?v=Dt3HX1ekWDA (If you work 6 hrs UBER Driver App will show that the driver worked only 5hrs so you feel you made more in less time.)
If your phone is showing low battery your Uber will be in surge mode (big data at play):
Uber Rapes occurring due to almost zero background checks:
Tales of horrible UBER customer support:
For those who are new to Uber:

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