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The difference here is that Uber doesn't have much of value except their brand. Their industry has a low barrier to entry, their work force isn't tied to the c
by simplicio 10y ago
The difference here is that Uber doesn't have much of value except their brand. Their industry has a low barrier to entry, their work force isn't tied to the company and they don't have much in the way of IP. Their ability to ride out bad press is a lot more limited than companies that can fall back on those things.
(well, they also have a giant pile of cash. But their ability to raise that cash is obviously dependent on what investors think of their brand)