$5.9M in revenue over 162294 trips works out to about $36/trip. Average of 444 trips/day.
$5.2M in driver wages over $60k/driver/year (conservatively, $30/hour * 8 hours/day * 250 work days/year) works out to about 86 drivers; less if they pay each driver more or each driver works longer hours; more if drivers aren't full time. Each driver gets, like, 5 fares a day. (I would also believe $120k/driver/year and 10 fares a day.)
Prescheduled rides seems like a nice niche; better than sitting around in a TNC lot for hours waiting for an airport fare. Would be curious to see how and if they get to the max 2.5x return for the WeFunder though.
$5.2M in driver wages over $60k/driver/year (conservatively, $30/hour * 8 hours/day * 250 work days/year) works out to about 86 drivers; less if they pay each driver more or each driver works longer hours; more if drivers aren't full time. Each driver gets, like, 5 fares a day. (I would also believe $120k/driver/year and 10 fares a day.)
Prescheduled rides seems like a nice niche; better than sitting around in a TNC lot for hours waiting for an airport fare. Would be curious to see how and if they get to the max 2.5x return for the WeFunder though.