How Much More Cash Can Uber Burn?
Moar Uber wheel-spinning.
Read more...Category Archives: Uber
Uber Destroys More Value: Demolishes Bikes from Failed Rental Businesses Rather Than Donate Them
Uber behaves badly yet again.
Read more...Hubert Horan Discusses Uber on Harry Shearer’s Le Show
Hubert Horan eviscerates what passes for the Uber business model on Harry Shearer’s Le Show.
Read more...Uber Loses Another $1.2 Billion, Stock Dives Again
Uber manages to bleed even more cash.
Read more...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.
Read more...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.
Read more...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.
Read more...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?
Read more...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.
Read more...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.
Read more...Our New York Magazine Article: “Uber Is Headed for a Crash”
A clinical look at Uber’s economics and prospects.
Read more...Uber Releases Ugly 3Q 2018 Results: Losses Widen to $1.1 Billion, Growth Slows
It”s getting hard to believe Uber’s story.
Read more...New Study: Median Uber Driver Earnings $9.73/Hour After Conservative Assumption for Costs
More on the dismal economics of being an Uber driver.
Read more...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.
Read more...Hubert Horan’s Quick Take on Uber’s Second Quarter Results
Uber’s latest financial report confirms Hubert Horan’s predictions.
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