The ground game is all important in congressional elections, and the pols voted for their wheels, according an analysis of
their spending for transportation by Hamilton Place Strategies;
What we found was in these trips Uber not only quickly over-took taxis in both number of rides and amount spent, but has also increased the over-all market demand for ride services.
In the 2012 cycle as Uber was just getting started, there were only about 100 Uber rides for less than $100 on congressional campaign filings. This compares to about 2,800 low dollar taxi rides during the same period. Fast-forward to the 2014 cycle and we see a transformation in the market. Uber is now the dominant provider of rides; it is both taking more of the market in the low dollar ride space and expanding the overall market size.
Joseph Schumpeter would have had the app on his smart phone;
This slice of the ride services market is unique in that the data is closely tracked by the government. But it is a textbook example of disruptive . innovation.
To which politicians are usually allergic.
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