Uber's coming downfall – a prediction :( :)
I've been watching this for a while (but as a passive bystander, not as an active analyzer. however I trust my judgment enough to still make conclusions).
Firstly, I am a believer and a proponent of share economy. It is here to stay, and it is the future. Lots to say here, but let them be told in silence.
The early companies working in the sharing economy space (Uber, Lyft, TaskRabbit, Fiverr, Skillshare, Tradesy, JustPark, Bla Bla Car, Leftover Swap, Streetbank, Feastly, RelayRides, Cookening, Peers, Collaborative Consumption, Yerdle, Postdates, Favor, Instacart - please ignore inappropriate exclusion/inclusion) have shown a susceptibility to the enormous profit-making opportunity in this space (as expected any time a new technology opens up a new industry) and have been making terrible business decisions.
This is one of them. Discuss!!
post script: my on topic reasoning - very early attempted horizontal integration within transportation space.
Please excuse the horrendous(if it is so) structure of my post. :D
edit: substitute "poorly conducted" with "very early"