Blurt!Commonplace Book

“Uber has no hope of expanding its transport services beyond taxis. Uber’s costs are higher than traditional cab operators, and nothing in Uber’s IPO prospectus offers any clue as to how it could ever reduce its costs to the point where they became competitive with mass transit or private cars.” (Hubert Horan, “Uber’s Path of Destruction”)

Thursday, February 20, 2020, 8:18:22pm PDT