Friday, March 3, 2017

What is Uber?

A cab company.

The way it works is you call them on your phone and a cab comes by, just like a thousands of other cab companies.

The VC firms were all excited because calling a cab with a digital phone seemed different somehow.  Now Uber is losing money hand over fist, and looking for something else that qualifies as 'cool' among the Flash Gordon set. Silicon Valley is a loony bin.

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