Will Uber succeed in the next 5 years?
What are your thoughts on the mid / long term success of Uber? Levelling off of sales, Tesla launching it's robo-taxi service in 2020 and Waymo partnering with Lyft, this seems to add significant long term pressure on the ridesharing aspect of Uber. Uber Eats and Freight make up a very small part of the total value, and whilst the opportunity of Eats is huge, the future success of Uber's ridesharing business seems critical to success. https://www.google.com/amp/s/thenextweb.com/artificial-intelligence/2019/05/08/elon-says-tesla-will-field-1m-fully-autonomous-robo-taxis-by-2020-ai-experts-call-bs/amp/ https://www.google.com/amp/s/techcrunch.com/2019/05/07/waymo-and-lyft-partner-to-scale-self-driving-robotaxi-service-in-phoenix/amp/ https://www.wsj.com/articles/behind-ubers-slowing-growth-onslaught-of-global-competition-takes-a-toll-11555061401
The Next Web
TechCrunch
WSJ
Cant say
I think they’ll do well. Wait for 1-2 earnings reports to come in, price will stabilize a bit and the go long after that. I don’t think they’ll remain a 80bn company after 3-4 yrs.
Next 5 years autonomous won't really be a factor
Elon Musk is bullshitting
I like Tesla. This is the first time I feel like Tesla will vanish in next 4-5 years
Not a user of ridesharing but uber eats is not a sustainable business for sure, they've been increasing the "service fee" desperately recently, which will drive down the user base a lot.
That shit looks washboard abs flat. Flatter than a dead guy's EKG. Who the hell wants to pay $80B for that?
Quiet period 🤐
Since when did blind members ever repsect blackout periods 😊 How about a 👍 or 👇 as an indication of sentiment? 😉
Quiet period is the only time engineers can pretend to know anything.