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my thought for the last couple years has been they are an information arbitrage/market maker probably similar to AMZN. I also have to imagine they are working o
by vonklaus 10y ago
my thought for the last couple years has been they are an information arbitrage/market maker probably similar to AMZN. I also have to imagine they are working on a self driving car.
On top of engineering spend they are basically at war with every single place they move into and refuse to go public. They can't continue to be just ride sharing when self-driving cars come out, so they need to capture that market (or some market) another way
- eru 10y ago> On top of engineering spend they are basically at war with every single place they move into [...] You mean with every single jurisdiction they move into? (Customers and drivers seem reasonably happy. At least they are not at war.)
- vonklaus 10y agoCorrect, city, state and to some extent federal law. As well as various international companies and the international regional equivalents