Gett in advanced talks to buy Juno for $250M as Uber rivals consolidate

Post by user5994461 » Tue, Apr 25, 2017, 8:46 PM UTC

tyingq wrote: post #21

user5994461 wrote: post #20

Earlier quoted context omitted.

Sounds good. Revenues growing exponentially from 2012-2015. The revenues in 2015 were even higher than the predictions done 2 years earlier (that were actually planning for a steep exponential). At this rate of growth. They should be making 1-2 billion in revenues per quarter now. Wish we had a recent leaked document. That's a solid multi billion dollars business. Worse case scenario if they run out of subsidies: Sto…

Easily back to a profitable business that is already in a hole how big? Anyone can drive big revenue by taking huge piles of investor cash and selling things below margin. That isn't magic. If that buys market share with a moat, it may make sense. If not, it's unwise.

Post by ghaff » Tue, Apr 25, 2017, 8:54 PM UTC

notyourwork wrote: post #19

skdotdan wrote: post #17

Instead of burning cash by subsidizing travels, Uber could have just bought some competitors but still... The only chance Uber has is becoming a monopoly, and I don't see how they can achieve it.

Why do they need to be a monopoly to succeed? I personally dislike Uber based on all the latest PR but what if they actually achieve a self driving car? If so, this would change the business entirely because no more contractor's to pay. Do you think if one company has self driving cars and the rest don't this is a competitive advantage? Perhaps they license the self driving car software to other companies which also…

Post by user5994461 » Tue, Apr 25, 2017, 9:12 PM UTC

tyingq wrote: post #25

user5994461 wrote: post #22

Earlier quoted context omitted.

The size of the hole is irrelevant. What matters it the size of the shovel they are using (their expenses and subsidies) and the force of the wind that's refilling the hole with nearby dust (the customer revenues). They can reduce their shovel without impacting the wind too much.

Amazon was fine throwing money into making a moat, and they have a tangible one. I don't see what Uber's moat is once self driving cars are common. It seems they will be fighting off competition (car companies, Waymo, etc) that didn't have to spend money on lobbying, lawsuits, subsidies, and so forth.

Post by tyingq » Tue, Apr 25, 2017, 9:50 PM UTC

user5994461 wrote: post #26

tyingq wrote: post #25

Earlier quoted context omitted.

Amazon was fine throwing money into making a moat, and they have a tangible one. I don't see what Uber's moat is once self driving cars are common. It seems they will be fighting off competition (car companies, Waymo, etc) that didn't have to spend money on lobbying, lawsuits, subsidies, and so forth.

That's your problem there! :D Self driving cars are just hype that won't be any significant for another decade. You should forget about self driving cars. What Uber has right now is real, a massive customer base and network of taxi, that is bringing billions of dollars. They could totally focus on that and have a strong and sustainable business.

Post by tyingq » Tue, Apr 25, 2017, 9:59 PM UTC

monkmartinez wrote: post #27

tyingq wrote: post #14

Earlier quoted context omitted.

I'm skeptical about the business model in general, not related to any recent scandal. The leaked financials[1] seem to indicate it's a losing proposition until self driving cars are relatively ubiquitous. So whenever it does become financially viable, there's a pretty long payback cycle. And no obvious iron clad moat that keeps competitors at bay...ones that aren't under pressure to pay back investors for years of su…

If you don't think self-driving vehicles face an enormous uphill regulation battle, you are sorely, sorely mistaken! Politics haven't even entered the self-driving game yet. They will and every union associated with driving is going to freak the fuck out. It will be a bloody political mess.