Uber is only able to address any market because they have a ton of outside venture funding.
Don't get me wrong - I agree that the EU is overly protective and that this harms their startup economy, but Uber is not a good example of that point.
Their answer was basically "Fuck 'em, we'll flood the market with cheap product, make consumers love it and the regulators will cave." That would not have worked in Europe if they hadn't already done it in a bunch of cities across the US.
no, not really. its only true specific contexts. which was the point of the previous comment. but you're right in the second part, that's sort of a confidence game...success begets success.
The thing Uber has which I think it would only get in Silicon Valley is about $8bn of funding. The biggest UK company I think is Hailo which raised about $100m. It'll be interesting to see how they do in China where the competitors have raised similar vc - Kuaidi raised $950 and I think Uber are spending a billion or so in China.