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The core presumption of my argument is that Uber isn't really succeeding as a company in the way that Apple (or even NeXt) did at the same "age." There are a lo
by gingerbread-man 10y ago
The core presumption of my argument is that Uber isn't really succeeding as a company in the way that Apple (or even NeXt) did at the same "age." There are a lot of articles out there making the case that Uber's current business is not sustainable, and I tend to agree.
If NeXt wasn't profitable, it was because their sales hadn't yet caught up with their fixed engineering costs. Uber's unprofitability isn't because they're waiting for sales to grow large enough to cover the cost of their engineering operation, it's because they're heavily subsidizing the unit costs of their business.