Uber does not have a proven business model until they can be profitable. Once they reach sustainable profitability, I’ll be impressed.

We don’t know what the numbers look like until Uber either raises their prices or cuts their expenses to be viable long term.

> The internet is such a game-changer.

Or subsidizing artificially cheap rides is a game-changer.

> The internet is such a game-changer.

Yes but also portable, low-cost GPS enabled internet connected devices are a game-changer. I don't see how Uber or Lyft could exist prior to the iPhone pushing adoption of GPS.

Did the iPhone so the most to push adoption? iPhone 1 didn't have GPS but the first Android device did. The killer app on mobile phones has always been Maps. I'd give Google the most credit here.

and only 2% of the population is using it monthly right now. I hope they gradually decrease the minimum age for riders. Children can finally regain some of the mobility they have lost in the modern world. Just reducing the age from 18 to 16, would probably double their monthly active users. They should atleast allow <18 year olds with drivers licenses to be riders...

Am I reading that right? they earned $2.16 per trip on average in 2018?

Keep in mind these numbers are Uber's cut, which is probably around 20% in most markets. So the average far is probably around $10, which seems reasonable to me, considering there are some very low cost high volume markets it serves.