Reply to post: Re: Efficient Market

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


Re: Efficient Market

"I think the market is overpricing it right now. Nothing they have is heavily moated, except for their drivers who they eff over, and their first mover advantage has mostly consisted of folks thinking they’re a**holes.

But theirs is still a valuable service so it will be fought over. Companies with nicer PR may have an easier time w municipalities. Their biggest advantage is brand awareness in a context where that is paramount above all (even if brand is toxic). So they could something off. Just maybe not 70B$ worth."

The only part of this tosh I understood was the last bit: "Just maybe not 70B$ worth". Don't they teach English on your planet?

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