I think you misunderstood. He is saying that Uber is a better example of such a failure, not that it is a better business. Alphabet, Meta and MS at least have

I think you misunderstood. He is saying that Uber is a better example of such a failure, not that it is a better business. Alphabet, Meta and MS at least have vast profits in the present, not just potential, so they are indeed "better" businesses than Uber, as you say, and thus bad examples to make this point.