Do you have adblock enabled?
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Yahoo)   In the last 3 months, * very high-ranking Uber executives have quit the company. If only there were some sort of nautical metaphor involving rodents to explain this sort of behavior   ( yahoo.com) divider line
    More: Obvious, Uber, Artificial intelligence, high-ranking Uber executives, The Departure, Year of birth missing, Uber's maps, Termination of employment, Uber's ATC  
•       •       •

1030 clicks; posted to Business » on 18 Apr 2017 at 9:42 PM (26 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



34 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2017-04-18 07:26:16 PM  
That's a shame.
Uber was great.
 
2017-04-18 08:30:47 PM  
and they called a Lyft for a ride outta town?
 
2017-04-18 08:50:54 PM  
Larboard? Cogswallop? Spanker? Kissing the gunner's daughter?
 
2017-04-18 09:47:10 PM  
Alright, everybody, tuck your pants into your socks.
 
2017-04-18 09:51:00 PM  
Uber is a sinking ship?
 
2017-04-18 10:10:23 PM  
An app built on a loophole isn't worth $70 billion.
 
2017-04-18 10:10:56 PM  
Raise your farking prices! Christ on a bike!
 
2017-04-18 10:13:59 PM  
Friggin' in the riggin'?
 
2017-04-18 10:15:05 PM  
I have a car.  I don't drink and drive.  I don't fly due to the TSA.  I have friends who can take me to/from the train station.

Hence, I've never used Uber nor Lyft, not do I see it happening in the near future.  I don't know anyone who didn't have an expense account (myself included) who ever called a taxi to get anywhere.
 
2017-04-18 10:18:39 PM  
Barry Bonds?
 
2017-04-18 10:26:36 PM  

Snotnose: I have a car.  I don't drink and drive.  I don't fly due to the TSA.  I have friends who can take me to/from the train station.

Hence, I've never used Uber nor Lyft, not do I see it happening in the near future.  I don't know anyone who didn't have an expense account (myself included) who ever called a taxi to get anywhere.


What a shallow, near-horizon world you live in. Sorry to hear it.
 
2017-04-18 11:00:39 PM  
Strange to think the company is tanking. It seems to be quite popular.
 
2017-04-18 11:02:46 PM  
Ayn Rand bullshiat doesn't make a long term strategy. Huh.
 
2017-04-18 11:09:23 PM  
White People Taxis
 
2017-04-18 11:14:04 PM  
 
2017-04-18 11:25:36 PM  

SFSailor: What a shallow, near-horizon world you live in. Sorry to hear it.


Fail to see the problem.  Pre 9/11 I had friends and parents to take me to the airport.  Post 9/11 I typically drove my car to an airport (Salt Lake City, El Paso, Portland) to pick up the wife, who didn't mind getting her tingly bits molested.  I'd spend 2 days in the car listening to music I enjoyed, pick her up and listen to music we could both live with.

I enjoy driving, if I can drive a day and pick up the wife at an airport then A)  I get 8 hours of good music; B)  My naughty bits aren't molested; and C) we don't have to pay for a shiatty rental car.

I wish Amtrak had an option to let me put my car in baggage, let me ride however, and when I got to where ever I could hop in my car and drive away.
 
2017-04-18 11:32:50 PM  
An asterisk is a capital 8.
 
2017-04-18 11:43:53 PM  
How anyone thought this was a moneymaker I'll never know.  I have friends who went to a nearby city to go drinking and because 2 of them had some sort of referral credit they basically paid nothing.  Add to that the fact that most places you don't need a taxi type service unless you've got packages, don't have your own vehicle, or don't know the area and I see only limited use (airports etc).  All that doesn't add up to $60 plus billion even in tech world (unless they use really bad accounting software).
 
2017-04-18 11:56:35 PM  
The problem with Uber is obvious and one they are doing nothing to deal with: scalability. I'm about to butcher the example, here goes:

For an example from the numbers pulled out my butt dept: You or I buy a pound of ground beef for $6/lb. McDonalds can buy 100 tons of ground beef for $.50/lb. This is a big part of how McD's works vis a vis profitability, economy of scale.

NOW
You or I drive 20 miles to the airport. It costs us $4 in wear/tear/gas. Uber has ten thousand drivers deliver people 20 miles to the airport. It costs them... the exact same $4 in wear/tear/gas per vehicle. They seem to be expanding their company under the premise that sheer volume will make it profitable, like a burger. Taxi rides don't work that way.

And if their master plan is to price out competition then raise prices once they're a monopoly ala Walmart? Good luck with that. The taxis in most places do place a pretty finite cap on what can be charged, and they aren't going to go under because of Uber et al anytime soon. I will give Uber props to making the taxis start sucking less around here, but their current plan of attack is not sustainable.
 
2017-04-19 01:03:24 AM  

SFSailor: Snotnose: I have a car.  I don't drink and drive.  I don't fly due to the TSA.  I have friends who can take me to/from the train station.

Hence, I've never used Uber nor Lyft, not do I see it happening in the near future.  I don't know anyone who didn't have an expense account (myself included) who ever called a taxi to get anywhere.

What a shallow, near-horizon world you live in. Sorry to hear it.


I've been in a taxi maybe five times in my entire life.
It's cheaper to park at the airport unless you're gone for like two weeks.
The whole Uber concept is, at best, an app for taxi companies. The reason it made so much money was because it exploited drivers by pushing all the costs onto them and broke numerous transit/employment regulations in every municipality it's available in.
 
2017-04-19 01:24:58 AM  
Uber is based on one principle: that they will replace the personally owned vehicle. The CEO thought he could provide a value proposition for people to dump their cars.

It isn't working.
 
2017-04-19 02:38:27 AM  
nautical metaphor involving rodents

Like taking a capybara water skiing?
 
2017-04-19 08:26:13 AM  
now what did the rats do to deserve being compared to Uber execs?
 
2017-04-19 09:11:02 AM  

Snotnose: SFSailor: What a shallow, near-horizon world you live in. Sorry to hear it.

Fail to see the problem.  Pre 9/11 I had friends and parents to take me to the airport.  Post 9/11 I typically drove my car to an airport (Salt Lake City, El Paso, Portland) to pick up the wife, who didn't mind getting her tingly bits molested.  I'd spend 2 days in the car listening to music I enjoyed, pick her up and listen to music we could both live with.

I enjoy driving, if I can drive a day and pick up the wife at an airport then A)  I get 8 hours of good music; B)  My naughty bits aren't molested; and C) we don't have to pay for a shiatty rental car.

I wish Amtrak had an option to let me put my car in baggage, let me ride however, and when I got to where ever I could hop in my car and drive away.


Some of us have things we'd rather do than drive 8 hours to avoid a nonexistent problem. Methinks there's more to this story.

https://www.amtrak.com/auto-train
 
2017-04-19 09:16:28 AM  
Cheeseface:
You or I drive 20 miles to the airport. It costs us $4 in wear/tear/gas. Uber has ten thousand drivers deliver people 20 miles to the airport. It costs them... the exact same $4 in wear/tear/gas per vehicle. They seem to be expanding their company under the premise that sheer volume will make it profitable, like a burger. Taxi rides don't work that way.

Actually, their business model is based on charging $4 for that ride, and finding a sucker driver who will take just $3 out of that $4 because he's bad at math (the real cost of that ride is very likely over $10, BTW). Once his car breaks down and he has no money to fix it, he's no longer an Uber driver. They'll run out of drivers eventually.
 
2017-04-19 09:48:14 AM  

Scorpitron is reduced to a thin red paste: Ayn Rand bullshiat doesn't make a long term strategy. Huh.


Travis Kalnick and Eddie Lampert and Jack Welch and Chip WIlson and John Mackey can all commiserate together at their annual Atlas Shrugged dinner at the Galt's Gulch Country Club
 
2017-04-19 09:50:52 AM  

fatbear: Cheeseface:
You or I drive 20 miles to the airport. It costs us $4 in wear/tear/gas. Uber has ten thousand drivers deliver people 20 miles to the airport. It costs them... the exact same $4 in wear/tear/gas per vehicle. They seem to be expanding their company under the premise that sheer volume will make it profitable, like a burger. Taxi rides don't work that way.

Actually, their business model is based on charging $4 for that ride, and finding a sucker driver who will take just $3 out of that $4 because he's bad at math (the real cost of that ride is very likely over $10, BTW). Once his car breaks down and he has no money to fix it, he's no longer an Uber driver. They'll run out of drivers eventually.


Well that and  keeping their prices so artifically low they drive all their competitors out of business, since Gett and others have shown how absurdly easy a business model this is to copy.  Bascially they need to human drivers to follow the bait just long enough that the other ride shares collapse and thier driverless cars are perfected.....sadly step two is in real trouble right now
 
2017-04-19 09:53:36 AM  

Snotnose: SFSailor: What a shallow, near-horizon world you live in. Sorry to hear it.

Fail to see the problem.  Pre 9/11 I had friends and parents to take me to the airport.  Post 9/11 I typically drove my car to an airport (Salt Lake City, El Paso, Portland) to pick up the wife, who didn't mind getting her tingly bits molested.  I'd spend 2 days in the car listening to music I enjoyed, pick her up and listen to music we could both live with.

I enjoy driving, if I can drive a day and pick up the wife at an airport then A)  I get 8 hours of good music; B)  My naughty bits aren't molested; and C) we don't have to pay for a shiatty rental car.

I wish Amtrak had an option to let me put my car in baggage, let me ride however, and when I got to where ever I could hop in my car and drive away.


They do, it's called the AutoTrain but I think it only runs down the east coast
 
2017-04-19 10:19:27 AM  

Magorn: They do, it's called the AutoTrain but I think it only runs down the east coast


I live in San Diego, AutoTrain isn't available here.
 
2017-04-19 10:21:55 AM  

ptelg: Raise your farking prices! Christ on a bike!


Right?!

I'd gladly pay and little more, and honestly, I would probably never even notice if they tacked an extra buck or two onto my typical ride.
 
2017-04-19 11:01:25 AM  
Richard: Face it, Jared, being too early is the same as being wrong.

Proof positive that Silicon Valley the show gets silicon valley the toxic environment.
For UBER to succeed in the model they built they needed autonomous cars and people choosing to split the proceeds of their cars being used by UBER the company to function as taxis.
Without both of these UBER could not function, as they built their model as to not afford drivers nor own a fleet.

Thus, without a world where a car is a stream of income and autonomous UBER couldn't make money nor could it lawyer away the intrinsic zero value to the company that drivers were.  Lyft has a very similar model but has been able to avoid scrutiny and has a sheen of caring about the drivers.

Which is why Lyft has been happy to avoid headlines, they too are waiting for autonomous vehicles.  They are just less vocal about being callous bags of skunk anus.
 
2017-04-19 12:13:52 PM  
You pretty much have to be a major league asshole to use Uber, Lyft, etc.
 
2017-04-19 01:59:41 PM  

fatbear: Some of us have things we'd rather do than drive 8 hours to avoid a nonexistent problem. Methinks there's more to this story.


Some folks just like to drive.  Destination isn't that important.  Shiat, any weekend you'll see/hear scores of bikers doing nothing but going in one big circle.

My mom's father liked to stroll through graveyards, imagining what kind of lives the dead lived.  He would be amused at some of the odd names, or reflect on those tombstones where husband and wife died within days of each other.

Whatever blows your hair back, dude.
 
2017-04-19 03:04:24 PM  

Splinthar:  They are just less vocal about being callous bags of skunk anus.


That's the problem with Uber and why I don't like them. It's not the whole riding sharing thing but that fact that Uber is run by a bunch of greedy, shady, arrogant, asshats that beat off while reading Atlas Shrugged. Fark Uber, seriously. Companies like Uber just make the whole industry look bad and screw it up for the rest of us.
 
Displayed 34 of 34 comments

View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking

On Twitter





Top Commented
Javascript is required to view headlines in widget.
  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report