Re:WeWork says will file to withdraw IPO
by djsumdog on Monday September 30, 2019 @12:54PM
(#21117316)
I think Uber will pop within the next 5~10 years. I'm surprised they still have investors at this point. So much was banking on the self-driving model, which I honestly think is 10~15 years away from being viable (and for half the cost of the research, cities could just start laying down rails with all their roads .. would be way easier .. and a solved problem).
We're due for another venture backed capital burst. DropBox, Lyft, Uber .. the article posted on here a earlier about Counterfeit Capitalism comes to mind. There are too many companies trying to 'get there first' at all costs and squeeze out everyone else.
I honestly wonder if we're going to see another 2000 era dotcom burst for many of these smaller companies. I'm curious how taxi companies will retake their local markets once the big ride sharing companies are gone.
We're due for another venture backed capital burst. DropBox, Lyft, Uber .. the article posted on here a earlier about Counterfeit Capitalism comes to mind. There are too many companies trying to 'get there first' at all costs and squeeze out everyone else.
I honestly wonder if we're going to see another 2000 era dotcom burst for many of these smaller companies. I'm curious how taxi companies will retake their local markets once the big ride sharing companies are gone.