Uber is doomed


#282

Same here.


#283

Doubtful. No way they’ll go public with a valuation less than the last round of $69B. I just don’t see that valuation when their business model is to pay drives $7 and collect $5 from customers. Plus, they spend a ton of money on other stuff including their 12,000 employees. They aren’t even close on self-driving cars which is the only way they could be profitable at current prices.


#284

https://www.bizjournals.com/sanfrancisco/news/2017/08/30/ubers-self-driving-vehicle-accident.html


#285

My friend who left FB for Uber is going back to FB. I guess the new CEO wasn’t that impressive, or he isn’t that confident in the company. He was at FB pre-IPO, so he made bank on that one.


#286

You gave me the impression there is only a small pool of capable SWEs. They jumps from companies to companies, getting a raise each time. How do newbies like my no experience no demonstrated skills lazy low EQ but high IQ son join the merry-go-round? I can’t pull strings as all my high-powered CEOs & MDs friends are in Singapore. I’m a nobody here.


#287

Just let life run its course… You don’t need to hold your son’s hand anymore. I’m sure he will do just fine.


#288

I’m not really interested in looking for jobs for him, more interested in identifying “three obediences four virtues” ,三从四德, women :sweat_smile: Do you know any joints where these women frequent?


#289

Haha @hanera you are so old fashioned!


#290

So how much did he make from that IPO???


#291

Yes, back in China on the farm.


#292

Facebook and google now have “coding challenges” to identify talent. Solve the problem and you get an interview with a good chance to get hired. They are going away from exclusively recruiting at top CS schools.


#293

https://www.bloomberg.com/news/articles/2017-09-22/london-authority-revokes-uber-s-private-hire-license


#294

Uber will be a b-school case study similar to Enron. Everyone will have to study it.


#295

Wow, dare I say it, the Board of Supes might actually do some good for once…

http://www.sfexaminer.com/sfpd-uber-lyft-account-two-thirds-congestion-related-traffic-violations-downtown/


#296

https://www.forbes.com/sites/alanohnsman/2017/09/27/ford-turns-to-lyfts-open-platform-to-speed-up-driverless-car-tech/#318613a434ae

Everyone is partnering with Lyft.


#297

Time for Lyft off? :smiley:


#298

Uber-SoftBank Deal Ensures Limits on Kalanick’s Power


#299

#300

https://money.usnews.com/investing/news/articles/2017-10-17/ubers-european-policy-chief-quits-ft-says


#301

I don’t know if I should cheer or cry…