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tl;dr He thinks UberPool is a viable business with network effects, but Uber's valuation is too high. He didn't really support that well though. If everybody u
by abalone 10y ago
tl;dr He thinks UberPool is a viable business with network effects, but Uber's valuation is too high.
He didn't really support that well though. If everybody uses UberPool because the economy of scale tied to the network size is unbeatable, that's a lot of riders. It doesn't seem impossible on its face that owning the future replacement for public transport for like half the world wouldn't justify a high valuation.
- petra 10y agoThis dismisal of UberPool is something we from many people who discuss Uber's business. I wonder why.
- ghaff 10y agoBecause people taking taxis/Ubers don't generally like to share rides. See also car pools. Now there is an argument that, given sufficient scale and intelligent routing, some sort of jitney bus system could work in a space between private taxis, driving yourself, and scheduled buses. Though that person would then need to explain why we don't really see this business model at any real scale today (in wealthier countries).