Why I don't believe in Uber's Success

Possibility: seeing all this, Uber looks hard at what they do have and simply becomes contract cab dispatcher for all cabs everywhere, smartly choosing which cab to call to the scene of the caller using their algorithms. And lets existing can companies so the actual driving.

Why? Currently some cab companies have shitty apps, others have none. Your chances of getting a cab in a suburb of an unfamiliar city is zero. Uber can fix that.

Re: Why I don't believe in Uber's Success

#5

Post by bsirkia » Thu, Jan 19, 2017, 5:43 PM UTC

Definitely worth reading the Naked Capitalism series he mentions in a footnote:

Part 1: http://www.nakedcapitalism.com/2016/11/can-uber-ever-deliver...

Part 2: http://www.nakedcapitalism.com/2016/12/can-uber-ever-deliver...

Part 3: http://www.nakedcapitalism.com/2016/12/can-uber-ever-deliver...

Part 4: http://www.nakedcapitalism.com/2016/12/can-uber-ever-deliver...

Part 5: http://www.nakedcapitalism.com/2016/12/can-uber-ever-deliver...

Part 6: http://www.nakedcapitalism.com/2017/01/can-uber-ever-deliver...

Re: Why I don't believe in Uber's Success

#6

Post by AndrewKemendo » Thu, Jan 19, 2017, 5:46 PM UTC

How do you define a successful business? Is it solely based on return to investors? How long does it need to be in business to be successful? How does Uber define success?

I hear rumors that IBM is not successful anymore. Also same of GE and GM.

Re: Why I don't believe in Uber's Success

#7

Post by intrasight » Thu, Jan 19, 2017, 5:47 PM UTC

konschubert wrote: post #2

If I could bet against Uber, I would do it

How would one short a pre-IPO company. Betting sites?

Re: Why I don't believe in Uber's Success

#8

Post by matthewaveryusa » Thu, Jan 19, 2017, 5:48 PM UTC

dmitrygr wrote: post #4

Possibility: seeing all this, Uber looks hard at what they do have and simply becomes contract cab dispatcher for all cabs everywhere, smartly choosing which cab to call to the scene of the caller using their algorithms. And lets existing can companies so the actual driving. Why? Currently some cab companies have shitty apps, others have none. Your chances of getting a cab in a suburb of an unfamiliar city is zero. U…

The question then becomes: Is a global taxi dispatcher worth 70 billion dollars? Maybe. Probably not.

Re: Why I don't believe in Uber's Success

#9

Post by aashaykumar92 » Thu, Jan 19, 2017, 5:49 PM UTC

Depends on how you define success. Imo, Uber will become financially successful when autonomous cars and trucks work well and are regulated.

Re: Why I don't believe in Uber's Success

#10

Post by [deleted] » Thu, Jan 19, 2017, 5:49 PM UTC

intrasight wrote: post #7

konschubert wrote: post #2

If I could bet against Uber, I would do it

How would one short a pre-IPO company. Betting sites?

[deleted]