Category Archives: Uber

Uber Loses Another $1.2 Billion, Stock Dives Again

Uber manages to bleed even more cash.

Uber to Owe UK >£1 Billion in VAT if It Loses Appeal on Suit on Driver Status, Also Loses Liability Insurer

More bad news for Uber.

Hubert Horan: Can Uber Ever Deliver? Part Twenty-One: Mike Isaac’s Book Ignores Economics and Financial Results and Gets the Uber Story Almost Entirely Wrong

Mike Isaac’s Super Pumped!, a new book on Uber, draws fundamentally false conclusions about the company.

Hubert Horan: Can Uber Ever Deliver? Part Twenty: Will the “Train Wreck” Uber/Lyft IPOs Finally Change the Public Narrative About Ridesharing?

A post-mortem of the Uber and Lyft IPOs.

We’ve Endured Years of Bragging From Trump—What Would an American Trade ‘Victory’ Look Like?

Will Trump declare a win if his trade representative fails to negotiate a viable long-term solution with Beijing?

Hubert Horan: Can Uber Ever Deliver? Part Eighteen: Lyft’s IPO Prospectus Tells Investors That It Has No Idea How Ridesharing Could Ever Be Profitable

Lyft’s prospectus doesn’t even pretend that the company might become profitable, let alone justify a $20-25 billion valuation.

Hubert Horan: Can Uber Ever Deliver? Part Seventeen: Uber’s 2018 Results Still Show Huge Losses and Slowing Growth as IPO Approaches

It is hard to see how Uber’s IPO story will hold up to scrutiny, particularly at a planned valuation of $120 billion.

Our New York Magazine Article: “Uber Is Headed for a Crash”

A clinical look at Uber’s economics and prospects.

Uber Releases Ugly 3Q 2018 Results: Losses Widen to $1.1 Billion, Growth Slows

It”s getting hard to believe Uber’s story.

New Study: Median Uber Driver Earnings $9.73/Hour After Conservative Assumption for Costs

More on the dismal economics of being an Uber driver.

Widely-Reported Study on Uber, Lyft Driver Economics Misses Fundamental Deterioration

Once again, some Uber and Lyft data that ought to generate more questions instead gets a free pass from the press.

Hubert Horan’s Quick Take on Uber’s Second Quarter Results

Uber’s latest financial report confirms Hubert Horan’s predictions.

Hubert Horan: Can Uber Ever Deliver? Part Sixteen: Is Morningstar’s Horrendously Bad Uber Analysis a Preview of Uber’s IPO Propsectus?

Why a Morningstar report on Uber’s IPO prospects does not begin to add up.

Hubert Horan: Can Uber Ever Deliver? Part Fifteen: Uber’s Q1 Results – Reporters Show They Aren’t Up to Reading Financials

What was the real story in Uber’s first quarter results?

Hubert Horan: Can Uber Ever Deliver? Part Fourteen: The New Yorker Lays Out the Template for Pro-Uber Propaganda

Dissecting the New Yorker’s fawning profile of new Uber CEO Dara Khosrowshahi.