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It was painfully obvious already a long time ago that Uber uses the investor money to purchase the market[1]. For any Asian and European city I have ever lived
by jsemrau 9y ago
It was painfully obvious already a long time ago that Uber uses the investor money to purchase the market[1]. For any Asian and European city I have ever lived in the calculation never worked. And I still believe it would have been better to just give the Billions to the several taxi companies and have them build a better app. Maybe even work with the car companies and have them build this functionality in their cars from scratch.
[1] https://medium.com/@thisTenqyuLife/nobody-will-talk-about-uber-in-5-years-cd372981c85a https://medium.com/@thisTenqyuLife/nobody-will-talk-about-ub...