No as Uber has well diversified businesses.
Lol really? Like ferrying people and food. But there is no shortage of suckers. Of course this is all opinion and I might be wrong 5 years from now.
Not even ferrying people and food, just adding a wrapper for quality control around the already existing business of ferrying people and food
Difference is that we can keep our foot on the gas and scale in many different ways (Uber Eats, Freight, JUMP bikes/scooters, Elevate, ATG, Uber for Business etc) vs. simply ad revenue. We could pivot to early profitability but we'd do so at the expense of growth which would ultimately mean less profit vs. if we focus on growth now before gearing towards profitability in a few years once we're at a much bigger scale.
aren’t unit economics negative?
They might be, but a lot of their cost is fixed cost.
Yes, as soon as they scale to 110% of the market, those fixed costs disappear into the noise from there onwards ....
lol no
I think Uber is more fundamentally fast moving and likely to change than Snap. Hell we’ve seen more change at Uber in the last year than Snap has since its inception. Also what would be Snap equivalent of uber air or self driving cars?
Does anyone use Mozilla?
Uber investors believe they will one day command a fleet of robocars that do all ground transportation in the world. Given that, their valuation is cheap. Snapchat investors believe snap will remain a fashion amongst sexting teenagers, which is contrary to what fashion is.
Uber’s downfall will be government regulation or Lyft 🙃
Just like Samsung hasn't been the downfall of Apple, Lyft won't be the downfall of Uber. Not while they're pretty much just in the US/CAN. Competition is a good thing, not the end of things.
Lol sure competition is great. But Hard to see Uber’s future being all roses when there’s constant stream of HR/culture issues and PR campaigns for a private company. Competition works when people competing have equal footing not seeing it here. Either way good for you for standing up for your company. So, Good luck on your IPO.
No one will know unless they release their financials
Uber has actually been remarkably transparent with financials for a Pre-IPO company. It’s sharing the details with the best of the best on Wall Street, and they love what they see so far.
No. Coz uber is solving a real life problem. Where snap is not
Actually, all of these instant messaging (over TCP) application are solving a non-problem, because phone carriers used to charge a ridiculous arm & leg for text messaging, so people turned to these apps. But today, the carriers no longer charge outrageous prices for this service ...
They do for international ones. So yeah IM providers some of them still matters