Uber - The Most Fragile Business In The World | Logically Answered

UberThe Most Fragile Business In The World
Earn Cash Back On Stocks: Up To $5,000 Per Yearhttps://www.silomarkets.com/logic/Uber is one of the most recognizable startups in the world, but they are also one of the most fragile businesses in the world. Despite growing to ubiquity and charging significant fees to drivers and users, Uber has struggled to make the business profitable. Before, they would point to substantial revenue growth as a justification for why they weren’t profitable. But, more recently, revenue has more or less stalled out as well. One of the main reasons for this is that while Uber is a tech company, they don’t benefit from the efficient scaling of tech companies. While Uber has streamlined the process of getting a ride, every ride still needs a driver which has made it difficult to make economies of scale profitable. This video explains the various challenges plaguing Uber’s business and their struggle for profitability. Have Companies Pay You:https://www.silomarkets.com/launchFree Weekly Newsletter With Insiders:https://logicallyanswered.co/Socials:https://www.instagram.com/hariharan.jayakumar/Discord Community: https://discord.gg/SJUNWNtTimestamps:0:00The State Of Uber2:22Doomed From The Beginning5:44When Tech Doesn’t Scale9:27An Uncertain FutureResources:https://pastebin.com/2CW6jVJw Disclaimer:This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. https://www.silomarkets.com/disclosures
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