[jfengel]

What is causing Uber's losses? The customers are paying money, the drivers are getting only a fraction of it.

Are the drivers actually getting more money than the customers are paying? Are Uber's data center and transaction costs really high? Or is it the armies of lawyers and business development people?

The basic value proposition of ride share seems viable. If Uber's losses are overhead, maybe somebody can compete.

[kingnothing]

Uber's core rideshare business is net positive. They invest significant money in to other lines of business.

[rsj_hn]

Yes, the the customers pay more money than the drivers get, but from that difference Uber must pay the salaries of all their software developers, they must pay for infrastructure, they must pay for app development, product managers, hr, etc.