Reply to post: Re: I'm not sure I see how they get to profitability

What's that? Uber isn't actually worth $82bn? Reverse-gear IPO shows the gig (economy) is up

Anonymous Coward
Anonymous Coward

Re: I'm not sure I see how they get to profitability

Not disagreeing with you one bit. Ubers self-drive vehicles are a "hail Mary" product - if it comes off, they win but I can't see it happening.

Uber just depends on SOMEONE's self drive vehicles coming to market - they have the customers, the market presence in key locations and the market cap to quickly roll out new vehicles.

Lyft is in a similar position, but I would say they are likely to be complimentary rather than a winner and a loser in the early years.

Which just leaves self-drive cars... I'd say money invested in Uber/Lyft is safer than bitcoin...

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon


Biting the hand that feeds IT © 1998–2020