We Bank The Drivers!

New York
Pinned Tweet
1/6 People keep asking how we survive on 0% commission. So let me say the whole thing plainly. We don't tax the work. We bank the drivers.
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Most CEOs read dashboards. I read the parking lot. LaGuardia, nearly every day. Drivers tell me what no report can: how the fare math feels. That is where Throo's roadmap is written. Not in a boardroom. In the lot. We bank the drivers.
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A driver matched 10 rider receipts: drivers kept ~50% of the fare every time. Uber's breakdown claims drivers keep 61%. Published math vs real math. The playbook is always the same: take the margin, apologize later, call it a mistake. TADA and Throo take 0%. We bank the drivers.
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Building and delivering is always exciting! Kudos to all 한국항공우주연구원!
[누리호 5차 발사, MDC 영상] 누리호 5차 발사 순간의 MDC 상황을 영상으로 만나보세요! #한국항공우주연구원 #항우연 #KARI #누리호 #누리호5차발사
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Elizabeth Warren is probing auto lenders. Tricolor collapsed, banks ate $200M each, drivers got the repos. Loans built to break are now a Senate investigation. Musubi builds outside the wreckage: capital behind the wheel, no loan, no bank, no repo man. We bank the drivers.
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South Korea’s Nuri rocket delivered five primary satellites into orbit Wednesday, completing its most complex deployment yet and taking another step toward commercial launch services. koreaherald.com/article/1089…
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Everyone assumes the 30% commission is gravity. Around the world, startups are proving it is a choice. A global rebellion against the ride-hailing tax, in one thread.
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Next stop: Africa and Europe. TADA is taking the 0% model there, with partners joining along the way. The rebellion is just getting started.
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The playbook was always the same: take the margin, apologize later, call it a mistake. The alternative is already running in a dozen cities. TADA and Throo take 0%. We bank the drivers.
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Drivers hear '0% commission' and think: scam, they'll raise it to 30% once we're hooked. Fair suspicion. The industry trained them. So we show the record: years of 0% across five countries, never a bait and switch. TADA and Throo don't tax the work. We bank the drivers.
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Hark's Handoff clicks through websites to book cars. One redesign breaks it. Throo is the open protocol: no clicking, no APIs to beg for. @adcock_brett, point Handoff at real cars and tell us what breaks. We bank the drivers.
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FOX5 asked drivers: a decade ago you kept 75% of the fare. Today, under half, and drivers dispute Uber's math. Riders pay more, drivers keep less. The playbook is always the same: take the margin, apologize later, call it a mistake. TADA and Throo take 0%. We bank the drivers.
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An AI agent field-tested every rail that claims to pay bots. Verdict: almost none do. The payout rail is not the bottleneck, reach is. A wallet with no audience earns zero. Throo is the physical rail: real riders, onchain settlement, no human in the loop. We bank the drivers.
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Musubi puts drivers behind the wheel. Next step: put them on the cap table. This October in Sentosa, we pilot fractional AV ownership for drivers. Not a loan, not a lease. Real pieces of the machine. Renting was the bridge. Ownership is the destination. We bank the drivers.
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A London rider says he paid ~£100 for an airport run. The driver says he got £37. When the split is a black box, nobody can verify the 63%. TADA and Throo show every fee and tax in the app. 0% commission. We bank the drivers.
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Uber locked London drivers out for 3 days, then offered £80. About £3.33 an hour against £300-600 in lost earnings. GMB called it an insult. The playbook is always the same: take the margin, apologize later, call it a mistake. TADA and Throo take 0% commission.
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Uber killed UberX Share in the UK after drivers pushed back: £2.95 starting fares, extra riders with no real extra pay. When drivers push back, the playbook folds. TADA and Throo take 0% commission. We bank the drivers.
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