appreciate the thought out response, although disagree
id argue the title, it is the article…hence the completely related, article defining title
when you or i travel you use ridesharing significantly less. most real cities have public transit in europe and that is almost always used. that said, this analogy should be obvious enough, if not not worth debating
benchmark doesnt want more money, they want money. they want to IPO, kalanick didnt. it came down to a liquidity event…
uber cannot raise money forever, hence why overspending indefinitely doesnt work
actually uber owns a bunch of didi which may well outstrip uber…
the probability of them failing isnt high or low, but for the most successful startup in history and largest unicorn of all time, the % chance it implodes is much much much too high