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What the market is really waiting for (and the VCs) are the self driving cars. Uber has to tolerate the human drivers for now (for the next 5-10 years) and just
by ensiferum 10y ago
What the market is really waiting for (and the VCs) are the self driving cars. Uber has to tolerate the human drivers for now (for the next 5-10 years) and just make it work. Once the machinery and the laws are in place they can't wait to cut that human labor out of the equation at which point they'll turn into a massive robot fleets of self driving cars. It'd be ideal to have large customer base at that point and preferably as few competitors as possible. This is where the $60+b market valuation comes from.