It is, but Uber & Lyft got a billions of cheap dollars they spent on growth. Your growth is going to be way slower than theirs.
There's also chicken & egg problem: no-one is going to use your app if it only has 5 drivers, and other drivers won't join your app if nobody uses it. Again, you'll need a lot of money to gain momentum in just a single city. It will be hard to get those funds from VCs, since your business model is less lucrative.
There's also chicken & egg problem: no-one is going to use your app if it only has 5 drivers, and other drivers won't join your app if nobody uses it. Again, you'll need a lot of money to gain momentum in just a single city. It will be hard to get those funds from VCs, since your business model is less lucrative.