6 ms·

What Happens If Uber Fails?

25 points by good_vibes 10y ago

deleted 10y ago
[deleted]
nthcolumn 10y ago
Given the amount of uber hating world wide lately why aren't their competitors gaining traction? 'Grab'bed a cab in KL - same deal as uber but cash first - wouldn't know about it otherwise - so uber? who cares?
- boona 10y ago
  > uber hating world wide I don't know if that's accurate to say. Do people part of the "outrage culture" hate Uber? Sure. But I don't believe that that sentiment accurately reflects what most people think about the company. Most people just go about their day, and are at most peripherally aware that some people are pissed off at Uber and that's that.
- sremani 10y ago
  It's more like Uber hating bubble. Not every one reads ReCode and if people stopped shopping or doing business with corps with unscrupulous C-level execs, well there would not be that much to shop. The world is much bigger than hacker-news subculture(s) or partisan boy-cotters sending political messages.
metaphorm 10y ago
what's going on at uber is the surfacing of internal problems due to culture and management. this isn't really a structural issue in their core business (they have those too, but shitty company culture isn't an example of it), and I'm having a hard time seeing how the fate of uber is anything besides management shakeup and then keep-calm-and-carry-on. what does happen if a unicorn startup fails though? I dunno. this is a risky business isn't it? some investors lose money and a bunch of former employees find new jobs. ::shrug:: life goes on. I'm having a hard time buying into any notion of fear contagion. this isn't like the dot com bubble.
ser0 10y ago
Maybe someone will bring back https://en.wikipedia.org/wiki/Fucked_Company https://en.wikipedia.org/wiki/Fucked_Company ?
nscalf 10y ago
The thought of Uber failing is reminiscent of Myspace shifting to Facebook, Napster shutting down, etc. I don't think they're going to fail, but if they do, I don't think much would really happen. Lyft would get a big boost, other competitors would rise to fill the gap, and there would be a mad scramble of companies to hire the new influx of experienced and talented people on the market. Then the world goes on.
- sjg007 10y ago
  There would also be a pricing model adjustment of some kind.

25 points by good_vibes 10y ago

deleted 10y ago

[deleted]

Given the amount of uber hating world wide lately why aren't their competitors gaining traction? 'Grab'bed a cab in KL - same deal as uber but cash first - wouldn't know about it otherwise - so uber? who cares?

boona 10y ago
> uber hating world wide I don't know if that's accurate to say. Do people part of the "outrage culture" hate Uber? Sure. But I don't believe that that sentiment accurately reflects what most people think about the company. Most people just go about their day, and are at most peripherally aware that some people are pissed off at Uber and that's that.
sremani 10y ago
It's more like Uber hating bubble. Not every one reads ReCode and if people stopped shopping or doing business with corps with unscrupulous C-level execs, well there would not be that much to shop. The world is much bigger than hacker-news subculture(s) or partisan boy-cotters sending political messages.

metaphorm 10y ago

what's going on at uber is the surfacing of internal problems due to culture and management. this isn't really a structural issue in their core business (they have those too, but shitty company culture isn't an example of it), and I'm having a hard time seeing how the fate of uber is anything besides management shakeup and then keep-calm-and-carry-on. what does happen if a unicorn startup fails though? I dunno. this is a risky business isn't it? some investors lose money and a bunch of former employees find new jobs. ::shrug:: life goes on. I'm having a hard time buying into any notion of fear contagion. this isn't like the dot com bubble.

ser0 10y ago

Maybe someone will bring back https://en.wikipedia.org/wiki/Fucked_Company https://en.wikipedia.org/wiki/Fucked_Company ?

nscalf 10y ago

The thought of Uber failing is reminiscent of Myspace shifting to Facebook, Napster shutting down, etc. I don't think they're going to fail, but if they do, I don't think much would really happen. Lyft would get a big boost, other competitors would rise to fill the gap, and there would be a mad scramble of companies to hire the new influx of experienced and talented people on the market. Then the world goes on.

sjg007 10y ago
There would also be a pricing model adjustment of some kind.