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The same could be said for the Facebook IPO (propped up, etc), but Facebook recovered after they demonstrated success in mobile advertising. Not really offerin
by eganist 7y ago
The same could be said for the Facebook IPO (propped up, etc), but Facebook recovered after they demonstrated success in mobile advertising.
Not really offering a counterpoint here so much as I'm saying this has played out in the past with an ending quite a ways different from what's being foreshadowed here.
- bdcravens 7y agoUber could possibly find an opportunity like that by expanding their delivery options beyond restaurants.
- Balgair 7y agoLike bike-messengers, but with vespas and 4-doors? Isn't that a super crowded and niche market anyways?
- mertd 7y agoLast mile logistics is a huge market (FedEx, UPS). On-demand last mile logistics as opposed to once/twice a day delivery is likely a lot smaller.
- treis 7y agoOnly because it's so expensive. There's probably a lot of demand to pay $5 to skip a trip to the store or get food delivered. If Uber gets it to the point where a driver's trip encompasses retail goods, restaurant food, and a passenger at the same time the business looks pretty good. Tough to get there of course.
- bdcravens 7y agoMaybe larger scale, like competing with Instacart. Maybe partnering with Best Buy or phone carriers to enable fairly low-cost same day delivery for electronics, etc.