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I'd be shocked if Uber is around in the next 5 years.
by DonnyV 6y ago
I'd be shocked if Uber is around in the next 5 years.
- ghaff 6y agoI'm not sure why they wouldn't necessarily be around. They increasingly raise prices to sustainable levels and maintain some share of the gig economy taxi and delivery business with pretty good brand recognition. Becomes a much more mature, lower margin, steady-state business--presumably with a whole lot less SV engineering.
- kfarr 6y ago> much more mature, lower margin, steady-state business--presumably with a whole lot less SV engineering. sure reminds me of a taxi company (without the fleet management of course)
- fastball 6y agoTime to buy shorts then.
- dboreham 6y agoTaxis have been around for thousands of years. Taxis that you get with a nice app seem like a thing that will always exist.
- asdff 6y agoTaxis haven't been losing billions a quarter for thousands of years...
- cblconfederate 6y agoWhy would they need Uber? There are hundreds of similar taxi apps
- lucasmullens 6y agoHundreds? With Uber there's a car maybe 5-10 minutes away at all times, that's certainly not true with most of their competition.
- bagacrap 6y agoonce self driving arrives, the network effect is a lot less prominent, since the supply side can more easily be scaled
- beoberha 6y agoAnd when are self driving cars going to start driving themselves around and pick people up? Certainly not within 5 years.
- bagacrap 6y agoIsn't it already happening in Arizona? OK, giving Uber 5 more years is pessimistic, but whenever self driving does arrive, what will Uber's value prop be?
- grumple 6y agoWe’re in year 35 of self driving cars being a few years away.
- cblconfederate 6y agoDrivers are not exclusive to uber, no? There is no moat in this industry, and its going to face inevitability when it runs out of money.
- majani 6y agoOnce you go public, you become 5x harder to kill than your average company, and US investors have shown am increased appetite to fund unprofitable companies in the last few decades, so Uber will be around for a while