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Not surprised. After watching this video [0], my conclusion was that there are no actual rides sharing companies in the world. There is only SoftBank. As an

Not surprised. After watching this video [0], my conclusion was that there are no actual rides sharing companies in the world. There is only SoftBank. As an aside, Lei does some awesome videos on technology and definitely worth a subscription! [0]: https://www.youtube.com/watch?v=OfFX9iKZAj0 https://www.youtube.com/watch?v=OfFX9iKZAj0

trisimix 9y ago
https://medium.com/@steve.yegge/why-i-left-google-to-join-grab-86dfffc0be84 https://medium.com/@steve.yegge/why-i-left-google-to-join-gr... That guy would disagree I think.
- ktta 9y ago
  Grab is also partly funded by SoftBank
- htormey 9y ago
  “In August 2017, Grab raised US$2.5 billion in series G funding from Softbank, Didi, and Toyota.[47” https://en.m.wikipedia.org/wiki/Grab_(company) https://en.m.wikipedia.org/wiki/Grab_(company)
- kimjongman 9y ago
  Go-jek will win in Indonesia
- mylons 9y ago
  "Didi and Softbank and countless others are funneling money into the key players." from the blog you linked. did you read it?
tomkit 9y ago
When the creator of that video uses hyperbole throughout, one should know to look elsewhere for research/analysis (hopefully primary sources).
htormey 9y ago
Have they invested in Lyft?
- mylons 9y ago
  yes
manojlds 9y ago
Just realised that they are major investor in Indian cab hailing service Ola too - https://www.thenewsminute.com/article/softbank-now-major-investor-both-ola-and-uber-merger-inevitable-69444 https://www.thenewsminute.com/article/softbank-now-major-inv...
- draw_down 9y ago
  https://mobile.twitter.com/simpsonsqotd/status/468798282404470784 https://mobile.twitter.com/simpsonsqotd/status/4687982824044...
asabjorn 9y ago
He is not even mentioning Latin America which is one of Ubers biggest markets. Maybe because it doesn't fit the story?
- woolvalley 9y ago
  Does the story really change when you add that?
  - asabjorn 9y ago
    Uber is doing very well in Latin America and Canada, so yes. Also, if you compare Uber to companies like Facebook and Google it has a large market position where both of those don't and its expansion strategy resulted in a large share of the biggest players in all other markets. If this is how loosing looks like I want more losses like this.

trisimix 9y ago

https://medium.com/@steve.yegge/why-i-left-google-to-join-grab-86dfffc0be84 https://medium.com/@steve.yegge/why-i-left-google-to-join-gr... That guy would disagree I think.

ktta 9y ago
Grab is also partly funded by SoftBank
htormey 9y ago
“In August 2017, Grab raised US$2.5 billion in series G funding from Softbank, Didi, and Toyota.[47” https://en.m.wikipedia.org/wiki/Grab_(company) https://en.m.wikipedia.org/wiki/Grab_(company)
kimjongman 9y ago
Go-jek will win in Indonesia
mylons 9y ago
"Didi and Softbank and countless others are funneling money into the key players." from the blog you linked. did you read it?

tomkit 9y ago

When the creator of that video uses hyperbole throughout, one should know to look elsewhere for research/analysis (hopefully primary sources).

htormey 9y ago

Have they invested in Lyft?

mylons 9y ago
yes

manojlds 9y ago

Just realised that they are major investor in Indian cab hailing service Ola too - https://www.thenewsminute.com/article/softbank-now-major-investor-both-ola-and-uber-merger-inevitable-69444 https://www.thenewsminute.com/article/softbank-now-major-inv...

draw_down 9y ago
https://mobile.twitter.com/simpsonsqotd/status/468798282404470784 https://mobile.twitter.com/simpsonsqotd/status/4687982824044...

asabjorn 9y ago

He is not even mentioning Latin America which is one of Ubers biggest markets. Maybe because it doesn't fit the story?

woolvalley 9y ago
Does the story really change when you add that?
- asabjorn 9y ago
  Uber is doing very well in Latin America and Canada, so yes. Also, if you compare Uber to companies like Facebook and Google it has a large market position where both of those don't and its expansion strategy resulted in a large share of the biggest players in all other markets. If this is how loosing looks like I want more losses like this.