Tag Archives: NYC taxi medallion market

Taxi Medallions As A Proxy For The Way Technology Can Disrupt Whole Industries

taxi medallion prices plunge

An April 2015 headline here told the story of the onslaught that faced the traditional taxi industry from technology-driven competitors like Uber and Lyft… ‘Because Of Uber, Are Taxi Medallion Lenders A Shorting Opportunity?‘ ‘In other words is the competition from Uber decreasing the demand for taxi medallions causing the price of the medallions to drop […]