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Re:Uber Sinks to New Record Low as IPO Share Lockup Expires by ajross on Wednesday November 06, 2019 @10:49AM (#21463688)
At the current share price, no, it's probably not. It's the weak version of WeWork. The company is wildly overvalued based on growth expectations it can't possibly meet after a history of investor-driven mania. But the business model is solid. Pervasive gig-sourced drivers across the world with a universal interface is absolutely what the market wants.

Uber the company may be in trouble, but Uber the brand will be driving people around for decades to come.

I still wouldn't buy them right now, though.

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