“The company is losing billions, has essentially no underlying value, and its business could be hammered overnight.”

What will kill Uber

#Scams

Tue, May 14th, 2019 07:00 by capnasty NEWS

On Jacobin, Doug Henwood calls Uber a scam. A fascinating look into a company that clogs cities yet can't die fast enough.

“The thing that’s gonna kill Uber has nothing to do with who’s at the company, has nothing to do with scandals, has nothing to do with any of this. The thing that’s gonna kill Uber is when Uber finally has to charge what it costs to get a car to you.”

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