Uber is an amazing example of the Silicon Valley bubble trying to solve a problem that exists for them but not others. Just because taxi service was abhorrently bad in San Francisco doesn't mean it's that bad everywhere. VCs didn't really seem to know that and threw billions at them, they failed to live up to the promised growth because they ran into local competition that they didn't anticipate, so they pivoted to a margin play and are now spinning tales of how close they are to being able to fire all of their (already underpaid) contractors.

Can't wait to see them crash and burn and be replaced by commodity ride-share services that have a better connection to their service area.