This is where I stand. Just because their current trajectory puts them in the ground, doesn’t necessarily mean that in 6 months they actually will fail.
Considering every startup ever has had a runway (i.e. how many months until we fail), the fact that even some have survived should remove complete confidence that Uber _will_ fail.
Yes, they should have disappeared in a normal world, but uber didn't because its backed by people with a fucktonne of cash, enough might to distort lots of things about it that should have really killed it years ago.
But then again, in a normal world, Tesla's stock price should be 5% of what it is now, given how much money they loose on making cars.
But we are where we are. I expect uber will thrash about for a number of years yet. However I suspect that if/when uber goes pop, it'll bring lots of tech stocks down with it.