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Comment by wcarron | Hacker News Reader

Seems like a horrible submarine article. "Oh look! Uber did $Thing! Get in on it now or miss out like a loser!"

Like, honestly? This is it? Uber, the "behemoth" who failed to crush the taxi industry as promised, is now somehow going to "disrupt" not just the restaurant industry, but also the credit game? Let's not forget that they actually need to start making money. Are VCs going to subsidize peoples' credit purchases now, too? Why not have them subsidize my housing as well? Why stop at ride sharing and food?! Uber all the things, right? Shame that Uber forgets that it is not and never will be Amazon.

Gonna file this one under "total horseshit"

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I mean, if we can't extract money from people who are richer than God via taxation, I guess I support extracting it via their idiotic investments.

I don't know what planet you're living on where Uber is somehow out of the game and not completely destroying the demand for taxis.

I come from the planet where Uber is currently:

- Hemorrhaging cash like a hemophiliac taking blood thinners

- Embroiled in various legal battles

- Losing labor market share to Lyft

- Losing customer market share to Lyft

- Failing to push legislation to eliminate taxi medallion systems

You know, the planet where they've lost their Keanu Reeves (TK) along with billions of dollars. The planet where I and many others do not use Uber in favor of a Lyft or taxi. The planet where Uber created a failing business model and tried to put lipstick on the pig by evading laws and throwing cash at the dumpster fire. The one where they subsidize every single ride with VC cash while they hold out hope for Level 5 autonomous vehicles to replace their substandard workforce on a more-than-optimistic time frame. The planet where Uber is a black hole of delusional "manifest destiny" style Silicon Valley kool-aid.

Taxis aren't dead. They'll be around well after these fools are parted with their money.

I don't really think I'm going to convince you that maybe Uber is doing what they've planned on doing all along and in the grand scheme of things seem like they're doing it pretty well. It sort of seems like you have some stake against Uber to be so vehemently against it. Just because Uber doesn't have a 100% market share doesn't mean they're doing poorly.

I have no stake for or against Uber in any manner. I just call spades what they are.

> I don't really think I'm going to convince you that maybe Uber is doing what they've planned on doing all along

Conversely, I don't understand how you can argue I'm unconvinceable despite not providing anything to really be convinced by except vague allusions to some sort of secret plan that's working perfectly.

It's UBER savings! Get your life subsidized by VC money! Get it before it's gone!

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