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No. One "reason given" is that Uber is already at a "healthy multiple" of the total existing taxi market in San Francisco. Uber doesn't need to make a dime in
by pbreit 12y ago
No. One "reason given" is that Uber is already at a "healthy multiple" of the total existing taxi market in San Francisco.
Uber doesn't need to make a dime in logistics in order to achieve $1 trillion in gross sales.
- xorcist 12y agoThat's not what it actually says. The multiple is of the "historic market". Uber grew the market, no question about that. (To exclude Uber from the taxi market is a bit of newspeak however.) In San Francisco. The article argues that this is true in the global taxi market as well. The reasons given are the ones I've tried to summarize. I might have missed a few though. The article is very long and makes a lot of frivolous claims. Very few are substantiated enough to be questionable, but those that are, are. The only exception I could find is the one about the real time positioning.