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by jkestner 2072 days ago
This was always the plan. Operate at a loss on both riders/drivers until you can turn the screws. In the past, you could say you'll just switch to Lyft, but here they're working together. That should tell you something about who they're competing with. Their drivers.
1 comments

I heard one plan was to gain market share and eventually replace drivers with self-driving vehicles altogether, but I should note I'm spreading at least third-degree hearsay.
That's the stock-juicing story, but self-driving cars were never going to work. At least not in time to support the company in that way.
No, you're right, that was Uber's plan at one point. They did hire Anthony Levandowski.