Read: Uber’s Path of Destruction
A comprehensive look at Uber’s unsustainable business model.
My take: Uber, Lyft, and WeWork have been riding a fat tsunami of investor money for a long time, yet none of them seem to have a sustainable business model. These companies are already dead; they just don’t know it. 🧟♂️ And when their limbs start falling off, it will hurt the economy and a lot of low-wage workers.
I hope I’m wrong, but this feels a lot like the glory days of Webvan and Pets.com.