Mutual Funds Cut Uber Valuation by as Much as 15%
It’s getting harder to put lipstick on the Uber pig.
Read more...Category Archives: Uber
Uber PR Story on Supposed Financing Falling Apart as Warring Board Members Trade Barbs
Things are so bad at Uber that planted stories are falling apart within days.
Read more...New York Times Claims Bidders Circling Uber….But How Serious Is This, Really?
The Uber soap opera continues, and the New York Times is doing its part by applying lots of porcine maquillage.
Read more...Uber: “Battle to the Death” in Benchmark/Kalanick Power Struggle
The fight over Uber would normally be mistaken for a Punch and Judy show if there weren’t so much money at stake.
Read more...Uber Descends Into Even More Turmoil With Benchmark Suit v. Kalanick
The war for control of Uber gets uglier…..
Read more...The Wheels Come Off Uber
Uber is over. But since many have money and reputations at stake, and Uber has cash to burn, it will take a while for that to be undeniable.
Read more...Can Uber Ever Deliver? Part Ten: The Uber Death Watch Begins
Why Uber is toast.
Read more...Can Uber Ever Deliver? Part Nine: The 1990s Koch Funded Propaganda Program That is Uber’s True Origin Story
The perception that Uber is a competitive success comes from a recycled propaganda campaign.
Read more...Can Uber Ever Deliver? Part Eight: Brad Stone’s Uber Book “The Upstarts”– PR/Propaganda Masquerading as Journalism
By Hubert Horan, who has 40 years of experience in the management and regulation of transportation companies (primarily airlines). Horan has no financial links with any urban car service industry competitors, investors or regulators, or any firms that work on behalf of industry participants Brad Stone’s new book “The Upstarts,” is subtitled “How Uber, Airbnb, […]
Read more...Can Uber Ever Deliver? Part Seven: Uber’s “Narrative” and The Vox and Stratechery Critiques of Naked Capitalism’s Uber Series – Defending Uber Requires Ignoring Industry Economics
More discussion of defenses of Uber and how none of them deal with the economics of providing car ride services.
Read more...Can Uber Ever Deliver? Part Six: Latest Data Confirms Bleak P&L Performance While Stephen Levitt Makes Indefensible Consumer Welfare Claims
More on Uber’s questionable prospects and the dubious defenses offered by boosters, in this case, “Freakonomics” professor Stephen Levitt.
Read more...Uber’s Woes Mount: California Strips Driverless Cars’ Registration, Losses Rise, VAT Charges Loom
Uber has a bad week.
Read more...Can Uber Ever Deliver? Part Five: Addressing Reader Comments and Questions
Hubert Horan answers questions about his series on Uber.
Read more...Can Uber Ever Deliver? Part Four: Understanding That Unregulated Monopoly Was Always Uber’s Central Objective
Why Uber’s goal is replacing urban car service with a higher cost, less efficient operation that would extract wealth from the public.
Read more...Can Uber Ever Deliver? Part Three: Understanding False Claims About Uber’s Innovation and Competitive Advantages
Why Uber does not have any significant competitive advantages save very deep pockets that allow it to engage in sustained predatory pricing.
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