If the argument is not "Uber can never be profitable" but "Uber can never be profitable without a brutal corporate reorg", that's more plausible. But it's also

If the argument is not "Uber can never be profitable" but "Uber can never be profitable without a brutal corporate reorg", that's more plausible. But it's also a much weaker claim, no? Brutal corporate reorgs are a thing and I suppose that sometimes they even work.