1 - Uber has a weak network effect (drivers drive Lyft and Uber) same for consumers.
2 - Uber is not very scalable (this is why they have to burn so much money to grow)
3 - Self-driving cars will actually destroy Uber's business.
Uber = Driver -> Uber -> Passenger. Self-driving cars will remove the Driver from the equation. Uber becomes a consumer facing app. Very vulnerable to Apple and Google should they ever want to get into that business. I think Google maps and Siri will become the interface to care sharing eventually as Apple/Google will have far more access to mobile experience that Uber will ever get.
I had made the above points before and predicted Uber will probably go the ways of AOL. It seems like more and more people are beginning see that too.
2 - Uber is not very scalable (this is why they have to burn so much money to grow)
3 - Self-driving cars will actually destroy Uber's business.
Uber = Driver -> Uber -> Passenger. Self-driving cars will remove the Driver from the equation. Uber becomes a consumer facing app. Very vulnerable to Apple and Google should they ever want to get into that business. I think Google maps and Siri will become the interface to care sharing eventually as Apple/Google will have far more access to mobile experience that Uber will ever get.
I had made the above points before and predicted Uber will probably go the ways of AOL. It seems like more and more people are beginning see that too.