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I'm not sure if this is a bubble that's popping or a valuation steeped in reality because of the value in this industry. If there is this much value in disrupt
by cenal 11y ago
I'm not sure if this is a bubble that's popping or a valuation steeped in reality because of the value in this industry. If there is this much value in disrupting transportation it can't simply be to shuttle people around instead of using cabs. I'm starting to wonder what kind of business Uber needs to become for this kind of valuation to be justified.
- eatmyshorts 11y agoHow about a fleet of fully automatic-driving cars? That can deliver goods as well as people? Uber is aiming to replace the automobile in your garage. Currently, to establish themselves, they need to displace taxi cabs for those that already don't drive cars. But their intentions have been clear: a fully automated driving fleet, combined with same-day delivery of packages. Their aiming to disrupt not just the taxi industry, but also the automobile industry and the package delivery industry. The package delivery industry might be leveraged in the future to disrupt the online shopping industry. Do I think they'll succeed? Honestly, no. But I do understand why all this money is being poured into the variety of taxi cab alternatives out there. This is a lot bigger than just the taxi cab industry.