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A comment on Uber S-1. Parent comment

Re:Uber S-1 by prewett on Thursday April 11, 2019 @05:15PM (#19639296)
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.

                        --- Warren Buffett
Expedia makes money from advertising (12%), from bookings fees, and from buying blocks of hotel rooms at a discount then selling them for higher prices to their customers (66%). [1]

All of these revenue models are something that is pretty obvious how you make money at. And all of them are very different than crowd-sourcing rides for which it is not clear that the market prices is higher than the cost of providing the ride.

[1] https://www.fool.com/investing/2017/08/28/how-expedia-makes-...

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Re:Uber S-1 by Skunkleton on Thursday April 11, 2019 @09:35PM (#19641131)
To further your second point. A whole cottage industry has sprung up around AirBnB. To me this indicates that the business model for AirBnB is working. There is no similar thing happening w/ uber. Seems to just be a question of who (uber or the drivers) is going to absorb the losses.
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