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Uber isn't likely going under; they're going to squeeze and squeeze and squeeze their way to getting by. Lyft is quasi going away (they'll be acquired), which w
by adventured 4y ago
Uber isn't likely going under; they're going to squeeze and squeeze and squeeze their way to getting by. Lyft is quasi going away (they'll be acquired), which will further benefit Uber's survival chances.
Uber's sales hit $29b with a $2.2b operating loss, over the past four quarters. It won't take much to keep squeezing that loss further downward to the point where they can trivially float it indefinitely. They continue to become more dominant in their space, not less. If the US economy crashes hard (and nobody can predict that accurately at this point), that would be the only serious risk to change that.