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Anonymous Fri May 10 16:43:15 2019 No.13591215 [Reply] [Original]

Is this the stock market equivalent of a shitcoin?
> Completely insane valuation
> Insiders shilling and dumping on normie investors
> Might never be profitable
> "B-b-but w-w-we a-a-are the Amazon of transportation. T-t-that's why we're losing billions every year"
Right.. Except ride sharing has shitty network effects and low barriers to entry so the Amazon model makes no sense
> Will get BTFO'd by Waymo, Tesla etc. in a couple of years because of their superior autonomous driving tech, data and integration with other products (Tesla has their cars, Alphabet has Google maps)
> The ride sharing/ robot taxi industry might end up like the airline industry where margins are razor-thin

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