71–80 of 128 posts
I saw teo people shot not far from here, the windows of Obama's campaign HQ smashed in with hammers down the street, and a homeless man crap on the steps of city hall in broad daylight. Welcome to Oakland Uber.
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No difference from just around the corner of the Twitter building. This isn't a homeless man crapping problem, it's an insufficient bathroom infrastructure problem, and yes most mid to large size American cities have it. Which is exacerbated by laxative type drugs. 'Hello Alcohol, Hello Heroin, I'm talking to you two.'
This might be a nice way to comfort yourself about living not only in CA but in either SF or Oakland, but it's not real life. I've worked in the downtowns of multiple major metropolitan areas, and have never seen anyone defecate in public, nor have I witnessed a robbery. I was once pressed to buy crack in the Crossroads District of KCMO, but that's pretty much it. I used to walk from Crossroads to Crown Center for lu…
This is in addition to their new giant HQ in SF? Uber has an awful lot of overhead for a taxi company. [1] http://techcrunch.com/2015/05/28/uber-new-hq/
No no they aren't a taxi company. They are a marketplace that matches people selling space in their car with people who need space in a car. Until they get their self driving cars, and then the are a transportation and logistics company. But they definitely aren't a taxi company
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Can you explain "Uber salaries tend to be pretty good (partially to make up for the stock being so high)" ? :)
If the stock is high, then stock options are unappealing. Basically just illiquid cash.
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I suspect Art Deco is already popular with Uber's leadership for other reasons :)
What are those reasons?
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If the stock is high, then stock options are unappealing. Basically just illiquid cash.
This is assuming they won't grow much past $50bn right?
Uber's current backwards valuation is capturing all speculation about future robot fairies that'll save them in the 5-year future (which always seems to be 5 years out, doesn't it?).
For some reason, the funding geniuses behind Uber seem to assume no other company on the planet can mass produce shared purpose autonomous vehicles at scale? That's just crazy thought. There are four companies today that could entirely wipe out Uber if they wanted to, but other companies are playing a longer game.
Don't compete where the market is, compete where the market is going to be. First mover advantage isn't a thing anymore. First to sustainable scalability combined with emotional grounding is the new advantage.
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I used to bike to the Ferry building from the Mission and then onto the office across the street from the Sears building. It was much better than taking the coach down to the Peninsula, that's for damn sure.
Why wouldn't you just take BART?
I'd heard this was going to be a Google office. Oh well. I wonder how much "not driving over the fucking bridge" is worth to people. Uber salaries tend to be pretty good (partially to make up for the stock being so high), and they have a great team, plus are clearly on a rocket ship trajectory, and are easy to explain as a product to anyone. Offering $150-250k cash, great overall packages, AND being able to buy or re…
Not sure if a $40B company that generates staggering losses and faces brutal competition globally can be considered a rocketship any more ...
There is no competition to Uber in Toronto. It's so cheap and accessible it's almost competing with public transit at this point.
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This is assuming they won't grow much past $50bn right?
That's a given, isn't it? They are nowhere even worth that much today. Private company valuations aren't based on rationality, they are based on emotion. Uber's current backwards valuation is capturing all speculation about future robot fairies that'll save them in the 5-year future (which always seems to be 5 years out, doesn't it?). For some reason, the funding geniuses behind Uber seem to assume no other company o…
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Not sure if a $40B company that generates staggering losses and faces brutal competition globally can be considered a rocketship any more ...
> faces brutal competition globally There is no competition to Uber in Toronto. It's so cheap and accessible it's almost competing with public transit at this point.