This is Hubert Horan's outstanding teardown of Uber's non-existent business model. The 17 installments of the series have been appearing on Naked Capitalism but they're not all together in one place.
Here, on his own site, the author has aggregated these posts.
If you believe any part of the Uber fantasy (it's successful, it can make money, it's the future, Uber is a tech company, self-driving cars, etc.), you won't after you read this.
Here, on his own site, the author has aggregated these posts.
If you believe any part of the Uber fantasy (it's successful, it can make money, it's the future, Uber is a tech company, self-driving cars, etc.), you won't after you read this.