In the long run, I'm going to suggest Uber is worth very little at all. We're probably ten years away from the first self-driving cab company. It won't be long

In the long run, I'm going to suggest Uber is worth very little at all. We're probably ten years away from the first self-driving cab company. It won't be long before electric drive cabs can self-drive themselves to an induction charger, full service car wash, or maintenance shop where the owner has a contract. If the car gets stuck, it can call roadside assistance. There will be no reason to own an office anymore. One can probably even get by without renting a parking space. The software features which make Uber and Lyft a unique experience will eventually become commoditized. What happens to companies like Uber when the barriers to entry are so low that margins are non-existent?