It is a reference for the entrepreneurial ecosystem. It was the first Spanish startup to be worth 1,000 million euros, which raised it as the first and only national “unicorn”, as it is known in the sector to those who achieve that milestone. It has revolutionized urban transport in our country. And it may not exist in five years. Cabify lives, practically from its foundation, in a paradox. Despite being used daily by thousands of users, many do not fully understand their business model. Among them, the November 2019 Calendar Australia Administration. The restrictions promoted by the Government and the communities have put in check the viability of the platform and have left in “stand-by” projects as their IPO. An opv marked in red on the investors’ calendar. The current regulatory framework makes this operation unviable for the time being, they recognize from the company. “We are ready to hit the button and start the process. But this can only be done with the certainty that the operation will be a success, something impossible with this legal uncertainty, “say sources of Cabify. And – they say – at the moment there are no banks involved. The machinery is ready but the part that makes all the gear work is missing: regulation.
November 2019 Calendar Australia
The regulations approved by the Government last year, which opens the door to eliminate thousands of VTC licenses (vehicles with driver, with which the company operates and Uber), represents the last obstacle for a platform that has been questioned practically since It started to roll. Almost a decade ago that, when they were unknown by the general public. Then, the taxi was almost the only mobility feature. It was in 2011 when the company put the focus on a market that seemed relegated to luxury services: the VTC.
In 2016, when the service began to become popular, Uber joined the market, which had already made an attempt in Spain with UberPop, which was soon suspended by the Justice. Since then, the American giant has tried to assault the Iberian leadership of the company founded by Juan de Antonio. And both, in turn, have had to face continuous mobilizations of the taxi. A guild that at first collaborated with November 2019 Calendar Australia and that is now pressing the Government and communities to throw him off the streets. So far they have achieved it in Barcelona by setting a minimum pre-contracting time. Result: thousands of jobs destroyed.