Funny how you use 2 definitions of "scale" to make your argument. > The entire promise of Uber and Lyft was profitability through scale. Here "scale" means s

Funny how you use 2 definitions of "scale" to make your argument. > The entire promise of Uber and Lyft was profitability through scale. Here "scale" means scaling to the entire country/planet. Which, as far as I know, they still are. > But now, they all want to scale down to be profitable. Here "scale down" means trimming on employee count where there are inefficiencies. > A small scale Uber or Lyft is just a cab company with an automated dispatch agent. It should be valued like a cab company, not a tech company. Here somehow you went back to your first meaning of "scale", but used the layoff = "scale down" to imply they want to scale down to a local cab company. I've yet to see a local cab company has an app that's usable in an entire country instead of just one city. By the same logic, if Airbnb has layoffs, we should suddenly compare their market valuation to a small local vacation property group that only rents beach houses in Maui or something...