Uber and Lyft Didn’t Bankrupt Yellow Cab, and They Could Hit Same Pothole
It’s easy to jump to the conclusion that the bankruptcy filing of Yellow Cab of San Francisco — located in the hometown of both Uber Technologies Inc. and Lyft Inc. — is due to the fierce competition from the heavily financed ride-hailing app companies. But the reality is a bit more nuanced. Ultimately, the Chapter 11 bankruptcy filing of Yellow Cab of San Francisco on Friday is actually a …