&gt;<i>Current taxi system is screwing everybody.</i><p>This implies that there are some taxi companies out there that are worth a massive amount of money, since they are capturing all the profit.  Can you point to a single company worth even one tenth of what Uber is worth?  I&#x27;m sure some companies do very well, but I don&#x27;t think there are any taxi billionaires out there.<p>But it matters little anyway.  The pie is divvied up so many ways.  You pay the fare, some goes to the driver, some goes to the middle man.  When you pay a smaller fare, there is less for the driver, middle man, or both.<p>How much of Uber&#x27;s valuation is based on that pie (the number of people desiring taxis) growing?