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Uber is a scam. Suckering poor, economics-ignorant schmoes into providing a transport service that costs them more than it pays them, and suckering dumb invest
by simonblack 7y ago
Uber is a scam.
Suckering poor, economics-ignorant schmoes into providing a transport service that costs them more than it pays them, and suckering dumb investors into paying the company's expenses, while the Uber administration creams off the cash.
It's a non-viable business idea. There will be lots of drivers and investors burned as the Uber insiders disappear with the cash.