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Based on the past, in 2 years Google will have shut down their Uber-esque project. Meanwhile, Uber will be spending money researching their core business and w
by WillNotDownvote 12y ago
Based on the past, in 2 years Google will have shut down their Uber-esque project.
Meanwhile, Uber will be spending money researching their core business and will keep pressing on with shipping, consumer-focused products.
- forgotpasswd3x 12y agoHow exactly do you feel you can make those predictions about Uber? I mean, other than the ridesharing thing, what other consumer focused products have Uber shipped? You can't really make a good prediction based on one thing, right?
- puranjay 12y agoAnother issue some people here have overlooked: Google is a public company. It is responsible to its shareholders who seldom share the founders' long-term vision. 1 year of Google losing cash on an ambitious car project and investors will start grumbling. Another year of that and you will have some 'activist investor' asking for ending the damn thing and going back to making profits. Uber is a private company and a growing one at that. It is expected to lose money. It can go all in without anyone but its private investors questioning it - private investors who want it to do whatever it can for a $100B IPO
- minthd 12y agoGoogle is public , but they offered unique stocks where control stays with the founders. So if they decide to invest in competing with UBER ,they will.