your summary of the reasoning is much better than the article itself, which simply asserts that uber is doomed while randomly citing recent developments in the

your summary of the reasoning is much better than the article itself, which simply asserts that uber is doomed while randomly citing recent developments in the news about uber. given what i know (which is admittedly not much), i probably wouldn't invest in uber at this point either, but i remain skeptical that the taxi industry is a mature and efficient market, such that uber has no path to profitability (setting aside all their other asinine self-inflicted wounds).