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Sussex
 Post subject: Fascinating Uber Blog
PostPosted: Tue Mar 27, 2018 8:49 pm 
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By a Uber driver in the US.

He could be my twin.

https://thebolditalic.com/why-uber-is-j ... 8dff4a98ea

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rayggb
PostPosted: Sat Mar 31, 2018 9:37 pm 
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That is a bloody good article
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edders23
PostPosted: Sat Mar 31, 2018 9:55 pm 
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personally I think there was a lot of wishful thinking in that blog

I'm sorry but people don't invest billions in a business like Uber unless they have had a good look at the business and it's soundness

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lack of modern legislation is the iceberg sinking the titanic of the transport sector
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jimbo
PostPosted: Sun Apr 01, 2018 8:15 am 
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edders23 wrote:
personally I think there was a lot of wishful thinking in that blog

I'm sorry but people don't invest billions in a business like Uber unless they have had a good look at the business and it's soundness


Don’t apologise.

The South Sea bubble.

The Amsterdam tulip trade.

The dot com bubble.

All stock market darlings that failed spectacularly.

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edders23
PostPosted: Mon Apr 02, 2018 7:05 am 
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jimbo wrote:
edders23 wrote:
personally I think there was a lot of wishful thinking in that blog

I'm sorry but people don't invest billions in a business like Uber unless they have had a good look at the business and it's soundness


Don’t apologise.

The South Sea bubble.

The Amsterdam tulip trade.

The dot com bubble.

All stock market darlings that failed spectacularly.


and their investors will be well read on those subjects :wink:

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lack of modern legislation is the iceberg sinking the titanic of the transport sector
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jimbo
PostPosted: Mon Apr 02, 2018 8:00 am 
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edders23 wrote:
jimbo wrote:
edders23 wrote:
personally I think there was a lot of wishful thinking in that blog

I'm sorry but people don't invest billions in a business like Uber unless they have had a good look at the business and it's soundness


Don’t apologise.

The South Sea bubble.

The Amsterdam tulip trade.

The dot com bubble.

All stock market darlings that failed spectacularly.


and their investors will be well read on those subjects :wink:


If Uber is “worth” 59 gazillion dollars, (or seven bitcoins) it stands to reason that your company is worth about 12 million pounds. All you have to do is convince investors that that is the case. At least you have assets, all Uber has is massive debt. The OP is right, Uber will fade away and die, mainly due to oversupply. How do you make a small fortune in the taxi trade? You start out with a large fortune.

Up the Imps!

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edders23
PostPosted: Mon Apr 02, 2018 11:02 am 
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Up the Imps!

they've got you to 9th place in the tdo league :wink:

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lack of modern legislation is the iceberg sinking the titanic of the transport sector
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jimbo
PostPosted: Mon Apr 02, 2018 1:48 pm 
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edders23 wrote:
Up the Imps!

they've got you to 9th place in the tdo league :wink:


More importantly, we are well placed for the play offs, league one next season? Wembley next Sunday for THE final, against Shrewsbury, having brushed aside Peterborough, Everton and Chelsea.

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