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Could they, though? Uber's valuation is based on its taxi technology business. The self-driving stuff might be their long play, but certainly not the source of
by mseebach 9y ago
Could they, though? Uber's valuation is based on its taxi technology business. The self-driving stuff might be their long play, but certainly not the source of their value.
I have no idea what kinds of damages Waymo might have been able to extract from Uber, but it seems very unlikely that it would have been in the multi-billion-dollar range. $245 million is a huge sum, add to that the saved cost of ongoing litigation.
- CodeWriter23 9y agoThe value of the taxi technology is predicated on surviving high losses for a few years to secure riders for the autonomous fleet that will emerge. The driver component in the current equation is 100% subsidized by investors.
- jacksmith21006 9y agoUber value is based on adopting SDC. Otherwise the business does not work long term.
- sah2ed 9y ago> Uber value is based on adopting SDC. Not sure what you were trying to say?
- richardknop 9y agoNonsense. SDC becoming viable on scale is decade or two in the future. Uber is valued based on its ride sharing and food delivery business. Investors apparently believe it can be profitable on big scale therefor good investment.