What do you think will happen to UBER after ipo?

Dec 30, 2018 85 Comments

Do the needful below or kindly revert back ASAP in comments.

Edit:
(My opinion)

So, isn't lyft eating up ride shares?

Why would I use Uber eats? There's Postmates, Doordash, eat24, Amazon restaurants and many more. Some of these are subscription based and low cost. They all deliver to the door, rather than some grumpy Uber driver waiting outside my apartment.

The only hope is self driving cars. But waymo and others will prove as a very strong competition.

I still don't see future potential for Uber. Correct me if I'm wrong. Usually there is a strong base business model, then the company diversifies. But for Uber, Lyft is a threat to that model in the US. There are other regional players all over the world.

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TOP 85 Comments
  • LinkedIn Shape of💩
    Basically if you think Uber will be successful don’t comment on this thread cuz OP already formed her opinion and also sounds like a real hater
    Dec 30, 2018 6
    • Uber aNft74
      Can’t wait to buy my first house! 🙂🏠
      Dec 30, 2018
    • KPMG qtAi02
      Uber all the way
      Jan 1, 2019
  • Lyft isn't eating up ride shares, they're barely holding on to their share and spending more per dollar earned than Uber.

    Eats is growing extremely fast and already profitable.

    Waymo will need time to catch up on the market share due to the sheer size of Uber.
    Dec 30, 2018 14
    • Microsoft / Eng Tier 1
      By the time amazon is interested in entering it’ll be too late.
      Dec 30, 2018
    • Its not a winner take all market.

      It’s in Uber’s interest to ensure Lyft survives.

      Reference legislative oversight on monopolistic practices even when the monopoly is accidental.
      Dec 31, 2018
  • VMware BobbleHat
    Uber is actually the only tech company i personally give money too... so ya, i think they will be successful.
    Dec 30, 2018 0
  • Apple / Data Warcraft
    My opinion:
    1) Uber vs SNAP: Snap was a fad, and is not dominating any market. Uber provides real service for the real needs, destroying the taxi industry with a more efficient solution, like E-commerce destroying brick mortar store. I myself have used Uber/Lyft many times and will never use taxi again.
    2) Uber vs Lyft: So far Uber is the market leader (65%). Like Amazon in E-Commerce, AWS in Cloud, Oracle in Database, Google in Search and Facebook in Social Network; As long as this market grows, the leader position has a lot of advantages. (The only exception Apple, which does not dominate any market except iPod). Lyft is good too, but it is hard to play catch-up.
    3) Self Driving Car: It is at least 10 years for Self Driving to be a real threat. ML has its own limitation, and cannot do everything.
    4) Uber Valuation: The 120B tag is insane. (30B - 50B for current Uber is more reasonable.) However, if Uber can keep its market leader position and turn cash positive, it has the potential to grow like Amazon (I think in 5 years, it could grow to 100B to 200B).
    Dec 30, 2018 6
    • Snapchat spectaclez
      Yeah Travis getting kicked was kind of a tragedy. I sometimes wonder if the board members set up that “tragic boating accident” with Travis’s mom. The timing seems a little tooooo coincidental.

      Uber with Travis (and plus one other sanity check) would have been unstoppable
      Dec 30, 2018
    • Uber wants you to think Uber stumbled. The fact is, Lyft has a better public culture and IMPROVED the service A LOT in the past 2 years, and is growing faster on Uber's home turf.
      Jan 4, 2019
  • Uber / Eng random333
    Uber ride share is still strong, Uber Eats grows exponentially. I think capital likes what they see
    Dec 30, 2018 10
    • Snapchat spectaclez
      I agree. I don’t think they’ll be able to pull an Amazon either. I think that’s wayyyy too much of a stretch. But I think they can comfortably justify a decent valuation size, one that is not likely to be disrupted by either Lyft nor Waymo. If anything, my bet is that the disruptive will come over the years in alternative modes of transportation. Once aviation, underground, hybrid scooters... mature, then Uber is more likely fucked by that. They will just completely miss the wave.

      I think Uber’s cash burn is more than that per year. But that’s because of crazy expansion dreams, which can easily be dialed back

      Core services like ride share, fleet, freight, and Uber eats ... etc are still profitable.
      Dec 30, 2018
    • Uber / Eng random333
      Simple term - international. Lyft has no international market while Uber and Ubereats has done nicely in many places like South America and ANZ
      Dec 30, 2018
  • Facebook
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    Google, Microsoft
    Instagrаmmore
    There’s no future for Uber unless they introduce a self driving taxi, and finally build a new cool office with real free food.
    Dec 30, 2018 2
    • Google Bill Bezos
      OP
      Yup. Even for self driving taxis they have a lot of competition.

      Eg: waymo and Lyft can team up etc.
      Dec 30, 2018
    • Google Bill Bezos
      OP
      Me? This is my first post on Uber.

      250k for l3 is lowballed?
      Dec 30, 2018
  • Genentech / Eng ratsey
    “I don’t use uber or uber eats so the company must be on the brink of a downward slide” - OP
    Dec 30, 2018 0
  • New monomo
    OP is foolish to think UberEats is falling behind.
    Dec 30, 2018 0
  • This comment was deleted by original commenter.

    • Google Bill Bezos
      OP
      We can exchange hyperboles all day long or we can talk facts.
      Uber is not even worth $100 billion yet. So waymo can absolutely crush them as far as self driving tech is concerned. Alphabet has money, brains and years of research.

      Read the entire post again.
      Dec 30, 2018
    • Microsoft / Eng Tier 1
      I like Uber but Uber eats really sucks. I don’t want to go down to the sidewalk.

      Grubhub ftw

      There’s no way Waymo is going to beat Uber. Google has never understood consumers well.
      Dec 30, 2018
  • Uber / Eng cztH52
    Uber is international. And internationalization is harder than you think
    Dec 30, 2018 0

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