Also, imagine Uber needs to raise additional capital for a physical fleet, and you are a potential investor: would you give your money to Uber, where it would o

Also, imagine Uber needs to raise additional capital for a physical fleet, and you are a potential investor: would you give your money to Uber, where it would only get you a tiny fraction relative to the massive (and already burnt) existing investment or would you give it to the second mover where your contribution to the fleet would give you a much bigger stake?