Terrible article. It’s basically a negative yelp review masqueraded as some sort of financial analysis. He’s essentially a pissed off ex-customer that on one ha

Terrible article. It’s basically a negative yelp review masqueraded as some sort of financial analysis. He’s essentially a pissed off ex-customer that on one hand complains that they don’t pay the drivers enough, but also complains that the service is now too expensive. The article is utter garbage. If you look at Uber’s drop in valuation, it’s commensurate with the drop in all tech companies. In fact, the article is seemingly singing the praises of DoorDash but Uber is down roughly 50% since Nov 2022 but DoorDash is down 75%. And there’s nothing new that this article brings. Same old “Uber shouldn’t exist” meanwhile it’s set to become profitable.