> Uber is the ultimate minotaur — a company where billions of dollars of private-market funding were supposed to create a self-fulfilling prophecy of dominance

> Uber is the ultimate minotaur — a company where billions of dollars of private-market funding were supposed to create a self-fulfilling prophecy of dominance and market power. It hasn't worked out like that. Ok, ok, so the strategy doesn't work for "the ultimate minotaur" because it's in a commodity business: transportation. It's sorta like airlines, which, taken as a whole industry, also lack dependable high profits.