[wayn3]

the idea that uber is not viable is a bit of a stretch. it is certainly a good service used by many millions of people.

you seem to lack a solid grasp of economics. the reason uber is "losing money" is because it is competing in an oligopoly and tries to get rid of its competition. the reason it is being funded to "lose" billions of dollars every year is because it is clearly valuable, not because some "hedge fund idiots" dont know what to do with their money.

once uber turns into a quasi monopoly, it will be able to fix its pricing structure. if it goes too far, it will be regulated. uber is already more of a public utility than "just a company".

calling something that millions of people love "not viable" has never worked. and never will. uber and airbnb are solving the major problem of "you have to own a house and a car". thats a major achievement and costs a lot of money to establish. especially due to regulation trying to prevent people from becoming more mobile and less enslaved.