Uber seems to have big plans, they are investing in driver less cars too. Imagine every car being driven by AI in 2025 and uber/google being at the center of it. Profit has to come.
goober
Funnily, in Hindi that literally means "cow dung" :)
Uber probably isn't going public anytime soon. They've got at least 6+bn in the bank and will do 5bn gross in 2016.
Rumors are an IPO coming in 18-24 months, so they're definitely not itching to have to do quarterly updates.
$5B in 2016. And one can see Uber growing 10 times bigger.
Well, that's 5bn on 25bn in bookings. Once there's no driver it'll immediately be 5x higher gross. By the time that comes, I have no idea, Uber will be far larger. Easily see them doing 100bn/year