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Depends on how you measure success. Uber has yet to make a profit and they depend on VC capital to subsidize every ride. It hasn't yet established itself as a l
by FICO 9y ago
Depends on how you measure success. Uber has yet to make a profit and they depend on VC capital to subsidize every ride. It hasn't yet established itself as a legitimate business model.
- overcast 9y agoIn my opinion, Uber has a legitimate software model, but it's business is not sustainable. The software, and ease of use is their selling point outside of fake deflated prices. They need to sell it to cab companies, and be the OS that runs them.
- bookbinder 9y agoThey're waiting for driverless cars to become a thing...so they can fire all of their non-employees and reap huge profits. They're playing the long game.