I've listed a ton of references, but my favorite quote is from [3] :
The firm actually lost nearly $1.1 billion (GAAP net income) against just $2.22 billion in net revenue in the fourth quarter.
It works out to a -49 percent GAAP net margin.
Also, the graphs on [5] are pretty damning.So in my opinion, the idea is great (actually, truly freaking fantastic to me), but the company is burning through cash at an incredible (and often growing) rate.
To me, that is not the making of an incredible company.
[0] https://www.bloomberg.com/news/articles/2016-08-25/uber-lose...
[1] https://www.bloomberg.com/news/articles/2018-03-06/uber-spen...
[2] https://www.cnbc.com/2018/02/13/ubers-loss-jumped-61-percent...
[3] https://news.crunchbase.com/news/understanding-uber-loses-mo...
[4] http://knowledge.wharton.upenn.edu/article/growth-vs-profits...
[5] https://www.forbes.com/sites/lensherman/2017/12/14/why-cant-...
...which one could take to mean that a lot of these peoples' problems today are self-created (see: not knowing when to shut up)
Look at the heat Musk and Zuckerberg are taking these days. We would probably have a much different view of Jobs if he was in his prime in the social media era.