Is Uber's Business Model Sustainable Longer Than The Service Life of a Car
After this WSJ article valued Uber at more than $50 billion last summer one has to wonder if this valuation can hold up over the long term. Recently a video that appears to be going viral questions the math Uber uses to calculate the wage benefits of an Uber driver over a traditional taxi driver. We dont normally post links to Youtube videos but the math seems to be in the ballpark and will very likely raise questions as we near an IPO.
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