Chapter
The Rise of Credit Arbitrage in Ride-Sharing Companies
02:00 - 06:13 (04:13)
The podcast discusses the phenomenon of credit arbitrage in ride-sharing companies, where some individuals accumulate large amounts of ride credits and then sell them at a discount to other users, leading to a disruption in the economics of the companies.
Clips
Abhishek, founder of a referral system in India for ride and food orders, explains how customers can receive credits ranging from 10-50% off orders.
02:00 - 03:33 (01:33)
Summary
Abhishek, founder of a referral system in India for ride and food orders, explains how customers can receive credits ranging from 10-50% off orders.
ChapterThe Rise of Credit Arbitrage in Ride-Sharing Companies
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
The episode discusses basic Uber arbitrage and how this concept is being used in different countries like India where referrals can be bought in dollars from US accounts and used at a lesser rate cost to take Uber rides, earning them rewards credits.
03:33 - 04:52 (01:18)
Summary
The episode discusses basic Uber arbitrage and how this concept is being used in different countries like India where referrals can be bought in dollars from US accounts and used at a lesser rate cost to take Uber rides, earning them rewards credits.
ChapterThe Rise of Credit Arbitrage in Ride-Sharing Companies
Episode#89 - The Man Who Gamed Uber
PodcastMy First Million
Sean talks to a man who became a master at accumulating Uber credits in India by starting a blog to promote the service and sharing his referral link with friends.
04:52 - 06:13 (01:21)
Summary
Sean talks to a man who became a master at accumulating Uber credits in India by starting a blog to promote the service and sharing his referral link with friends.