Biography & Early Wealth Journey
The conflict began last week when the mayor announced a plan to cap the number of new Über drivers as the city begins a year-long study into rising traffic congestion in the five boroughs. "We're facing the addition of over 25,000 cars to our streets over the next year," the mayor said, "the rough equivalent of two times the total number of yellow taxis in all of New York City."
Photo by Spencer Platt/Getty Images
Yet, as the New York Times pointed out in an Op-Ed, "The main reason traffic is slowing down is that the city's economy is improving and its population is growing, putting new strains on the transportation system." They point out that on top of a growing demand for Über, "subway ridership is at its highest level in 65 years." On top of that, the Daily News chimed in, observing that only a fraction of registered Über drivers are actually on the road at a given time.
Primary Income Streams & Multi-Million Contracts
Über spent over $3 million on their ad campaign. Aside from the vanishing car video, they took out a banner ad in the New York Times: the mayor's plan is a "bad idea," it read, quoting the Times own Op-Ed. Über also cited city taxis' tendency to refuse service to minority neighborhoods, which is illegal, and claimed that de Blasio was being controlled by the taxi lobby. Lastly, Über added a "de Blasio feature" to the app, which showed users how long an Über would take to arrive, if the mayor's plan passed.
And it looks like their publicity campaign paid off. Wednesday, de Blasio backed off on his plan to cap the number of new Über drivers in the city, and Über agreed to share data on their drivers with city government. For now, a truce is in effect, proving that even if money can't buy you love, it sure can buy you a huge PR victory.
Trending Wealth Dossiers:
- → How Megan Thee Stallion’s 2020 Fortune Skyrocketed—and What It Reveals About Hip-Hop’s New Money Net Worth & Annual Salary
- → Allie Bertram Net Worth 2024: The Hidden Wealth of a Rising Star Net Worth & Annual Salary
- → How Gary Vaynerchuk’s Net Worth Reflects His Unconventional Empire Net Worth & Annual Salary