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Investors are giving Uber a near infinite bankroll so it's hard to say that they'll be allowed to fail. I was in Southeast Asia recently and it's insane how ch
by kin 10y ago
Investors are giving Uber a near infinite bankroll so it's hard to say that they'll be allowed to fail.
I was in Southeast Asia recently and it's insane how cheap Uber is. It almost doesn't make sense to take any other form of transportation. I imagine once the competition dies, they'll have complete control over the market.
- jdpedrie 10y agoThe problem is that the moment Uber is in a position to exploit its newfound monopoly, new competition springs up. Without regulatory constraints, transportation on public infrastructure just isn't a natural monopoly business.