Uber is absolutely adding value, in my opinion. Disclaimer: I’ve invested a paltry amount in them Uber is a taxi dispatcher and provides a rating system that p

Uber is absolutely adding value, in my opinion. Disclaimer: I’ve invested a paltry amount in them Uber is a taxi dispatcher and provides a rating system that provides a vastly improved product to the end user. Seriously Uber is so much better than taxis. You can hail it from your phone, track its arrival in real time, know the fare before you book it. It arrives in 10-20% of the time of a dispatched taxi, costs less, and has much better drivers on average both in terms of skill/not being aggressive, not being assholes, English, and cleanliness. Uber freight is frankly just a good idea. They already have a huge fleet of drivers and a lot of the tech backend in place to start doing last mile delivery. Lots of value add in that, and in combining last mile delivery with concurrent user transportation. Uber also has a lot more international exposure than Lyft. The only issue I have with them as an investor is in Uber eats. It’s costing too much money to subsidize, has too much competition, and food delivery just isn’t something I think can work in the US. But regardless, when you look at Uber’s core product, I think you would have to have either forgotten about taxis or never have taken Ubers/taxis to begin with to think it’s not a vastly better product.