TEK2day

Operating at the Intersection of Technology and the Capital Markets

Tag: Cadillac

  • Automobiles as a Service (AaaS); Uber Completes Tender Offer

    Cadillac‘s “BookbyCadillac” premium automobile subscription service (we refer to as AaaS), sits comfortably between the traditional car ownership model and the pure rideshare model (Uber, Lyft, Waymo). Priced at $1,500/month (plus $500 initiation fee), we don’t believe that Cadillac’s bundled subscription service is a good value – flexibility and convenience come at a price. Listen…