What Happens If Uber Fails? | Hacker News Reader

What Happens If Uber Fails?

theatlantic.com

25 pointsgood_vibes7 comments

The thought of Uber failing is reminiscent of Myspace shifting to Facebook, Napster shutting down, etc. I don't think they're going to fail, but if they do, I don't think much would really happen. Lyft would get a big boost, other competitors would rise to fill the gap, and there would be a mad scramble of companies to hire the new influx of experienced and talented people on the market. Then the world goes on.

There would also be a pricing model adjustment of some kind.

what's going on at uber is the surfacing of internal problems due to culture and management. this isn't really a structural issue in their core business (they have those too, but shitty company culture isn't an example of it), and I'm having a hard time seeing how the fate of uber is anything besides management shakeup and then keep-calm-and-carry-on.

what does happen if a unicorn startup fails though? I dunno. this is a risky business isn't it? some investors lose money and a bunch of former employees find new jobs. ::shrug:: life goes on. I'm having a hard time buying into any notion of fear contagion. this isn't like the dot com bubble.

Given the amount of uber hating world wide lately why aren't their competitors gaining traction? 'Grab'bed a cab in KL - same deal as uber but cash first - wouldn't know about it otherwise - so uber? who cares?

> uber hating world wide

I don't know if that's accurate to say. Do people part of the "outrage culture" hate Uber? Sure. But I don't believe that that sentiment accurately reflects what most people think about the company. Most people just go about their day, and are at most peripherally aware that some people are pissed off at Uber and that's that.

It's more like Uber hating bubble. Not every one reads ReCode and if people stopped shopping or doing business with corps with unscrupulous C-level execs, well there would not be that much to shop.

The world is much bigger than hacker-news subculture(s) or partisan boy-cotters sending political messages.

Maybe someone will bring back https://en.wikipedia.org/wiki/Fucked_Company ?

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