About to rent me one
this post was submitted on 20 Apr 2025
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Is uber not profitable?
Hilariously unprofitable. They even came up with creative accounting to show how, despite never being profitable they may turn a profit if you don't count their debts and losses.
Uber's true business model isn't in place yet. Eventually, all cars will be self-driving, and they can ditch the drivers. The ultimate objective is to replace personal car ownership with a driving service.
Once they don't have to pay drivers, and they have monthly fees coming in from millions of subscribers, they'll clean up.
I think you're wrong on this one.
Currently uber does not own anything. Repair costs are for the drivers. Buying a car is for the drivers.
If they are not profitable now, replacing driver's "wage" will only make it more expensive.
I'm not wrong, it's on their website:
At Uber, it's our mission to reimagine the way the world moves for the better—and it's clear that autonomous vehicles (AVs) will play a part in our future. With that in mind, we have been building Uber for the road ahead.
Then they go onto describe how they are going to use driverless vehicles for personal mobility, delivery, and freight.
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So their entire company is built on the gamble that self-driving cars will happen before their finances implode?
I’d argue that this is what they pitch to their investors to continue to fund them. They probably partly believe it but I don’t think they really look that much further than the next quarter.
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Thanks for the input.
In my opinion, this is definitely copium on uber's part. Taking on far more debt to try to be a public utility level of too big to fail is laughable. There is always an end stage they need to sell that is bigger and better.
Their whole business model is "wait for self driving and then $$$" as they'll no longer have to pay anybody.
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rent a girlfriend?
Dude there’s probably a business in that. People typically just get hookers for that weird situation where a rich powerful man has to go to an event and bring a plus one, and he can’t find a woman who doesn’t hate him so he has to rent one by the hour.
Make it an app. Fuck it. Lets let the business majors ruin that too.
They usually get escorts, which actually isn't the same thing as a hooker and not all of them actually do sex work. I have no idea why I know anything about that, but it was something I was just kinda aware of as a young adult.
"not all of them actually do sex work" is one of those fictions that everyone on all sides is happy to play along with.
I've always understood it to be more "sex isn't guaranteed if you're a big enough asshole and sometimes they're a beard"
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This would be legitimately amazing.
Is this real? I wouldn't be surprised
Nah, just a meme.
Did not expect Uber entering to pimp industry.
so that you can google map together?
i assume, if this were real, which it isn't, the idea would be that everyone on the app has to pass a background check, so if you're walking through an unfamiliar neighborhood and you're a class of person who has reason to fear walking alone, you'd have someone there with you to help you be just a little more safe. obviously not as good as an actual trusted friend, but for certain people in certain situations, better than nothing
A lot of people can pass a background check that you wouldn't want to escort your daughter.
No different than getting in an Uber or taxi for that matter, except it's harder to escape a car on the highway.
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