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Bill Gurley Is Leaving Uber’s Board

(www.nytimes.com)
198 points 101carl | 2 comments | 22 Jun 17 00:23 UTC | HN request time: 0.001s | source
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lettergram ◴[22 Jun 17 01:18 UTC] No.14609429[source]▶
I can't imagine Uber doesn't start raising prices and drop out of markets they aren't profitable in.

No way they can bring in more investments (although maybe they could get a loan). Given the changes and their runway, I honestly see Lyft managing to outpace Uber in the next 12 months.

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1. xyzzy_plugh ◴[22 Jun 17 01:26 UTC] No.14609464[source]▶
Doesn't Uber operate in a ton of countries? Lyft operates only in the US, right? And even then, isn't Uber in more cities?

Lyft has no choice but to subsidize itself into extinction. If Uber pulled back entirely into the US alone then Lyft would be truly doomed. Only by spreading themselves thin does Lyft have a fair fight.

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2. vertex-four ◴[22 Jun 17 09:14 UTC] No.14610992[source]▶
On the other hand, if they didn't spread themselves thin (and often into countries which don't actually need Uber), they likely wouldn't have received the amount of funding they have, and they'd be a more reasonably-sized competitor to Lyft.