He also has an interesting follow-up [0] where he looks at it from the gross margin point-of-view. His main point is that when you look at it from the perspecti

He also has an interesting follow-up [0] where he looks at it from the gross margin point-of-view. His main point is that when you look at it from the perspective of what the rider pays, their margins are much lower and implies that perhaps it should not be categorized as a tech company (in the zero marginal costs and massive gross margins). [0] https://stratechery.com/2019/neither-and-new-lessons-from-uber-and-vision-fund/ https://stratechery.com/2019/neither-and-new-lessons-from-ub...