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The author forgot another significant problem Uber faces. When self driving fleets can be deployed for ride sharing, a new startup, one without the hundred of
by midnitewarrior 10y ago
The author forgot another significant problem Uber faces.
When self driving fleets can be deployed for ride sharing, a new startup, one without the hundred of millions / billions in losses that Uber will have accumulated, will come on the scene.
How can Uber, a company with massive losses to recover from, compete with a new, nimble and well-funded startup that doesn't have those legacy losses weighing down their ability to raise capital and pay back investors?
- ams6110 10y agoBankruptcy/Reorganization.