This is a thoughtful analysis into the whole Uber CEO opinion, but it is opinionated. Aggregation theory is one way to derive Uber's value, but you can make a compelling argument that supply drives demand. The reason why I don't use taxis in Australia is partly because the experience is far better with Uber and the cost is cheaper, but also because Uber is the most reliable. Without drivers and such reliability, I ca…
Often, when I'm in public, I'll choose an auto-rickshaw instead of an Uber because the rickshaw is right there. I don't have to wait for it, don't have to give it directions to find me.
The service is worse - I have to haggle about prices, endure bumpy rides and dangerous driving - but the easy availability makes me choose them.