Oldschooler
All Star
They not making money because they are in the process of innovating and bankrupting other taxi competition. Once they have their shyt in order they can just run the company with a skeleton staff and make billions.
Uber is dead and so is rideshare
- Thread starter KingJudah2
- Start date
Mismanaging money but they aren't dead and will be here for years to come.
Driver-less cars won't be here for another 10+ years. And none of us would get into one if they did debut one in 4-5 years.
Driver-less cars won't be here for another 10+ years. And none of us would get into one if they did debut one in 4-5 years.
Dallas' 4 Eva
Superstar
shyt they already testing them out now, all they doing right now is killing off the comp which they are quite successful at.
Uber has never been up
actually the entire gig economy doesn’t need to be sustainable.
Uber fired everyone and still lost billion dollars this past quarter
Hater Eraser
Veteran
When the drivers get this unionization ..and start hitting them up for benefits and sick/vacay time .. it will be over 
Uber and Lyft drivers demand their rights as employees
Uber and Lyft drivers demand their rights as employees
Yeah they been testing it and companies are finally admitting they won't be here no time soon.
"According to the companies in charge of delivering this utopia, the technology behind it has always been just around the corner. In 2012, Google CEO Sergey Brin said autonomous vehicles would be a reality for “ordinary people” within five years. In 2016, Uber CEO Travis Kalanick promised to get rid of human drivers in four years’ time. In 2017, a BMW board member told a conference crowd that the company’s slogan, “The ultimate driving machine,” would be obsolete by 2020.
All of those predictions have now been extended far into the future. In April, Uber’s chief scientist admitted that self-driving taxis would take “a long time” and declined to make any further prediction. Officials from Nissan and Ford have said that the industry “overestimated” the timeline for developing autonomous technology. A 2018 Nature article by MIT scientists deflated the hype entirely, concluding that “some form of human intervention will always be required.”
A company that bought in 3.8 billion dollars in revenue over four months is never dead. Driverless cars & Taxi’s are ubers best hope.
I always wondered why no enterprising dopeboy started distributing and delivering drugs a la grubhub while working Uber and Lyft.
I still don't know how you lose money on an app where you don't do shyt and take 25% of each fare
Because Uber is paying for each ride.
They subsidize a certain amount of driver compensation, otherwise either they wouldn't have enough drivers or the service would be too expensive for riders.
The True Cost of Your Uber Ride Is Much Higher Than You Think
Hater Eraser
Veteran
7th Letter Specialist
We Love Money, We Love Weed!
It's not a job like that. You work when you wantWhen the drivers get this unionization ..and start hitting them up for benefits and sick/vacay time .. it will be over
Uber and Lyft drivers demand their rights as employees
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How do you keep the ability to use outside funds(people buying your stock) when you lose 1 billion dollars a quarter.
Uber can only be saved by self driving cars or becoming a company that hires so many full time drivers and chargers riders based on how long they are in the car
You're missing the point
