Bill Gurley Is Leaving Uber’s Board

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.

Why do you think they can't get more investments? They just completed this report and now Travis is out; unless you have proof you can't say they didn't fix their issues. So not only have they shown concern to solving a major PR and culture issue but they're absolutely HUGE. If they IPO it could be an incredible exit.

Am I missing something? They seem far, far more investable now.

Yes, you're missing that this is all wish fulfillment doomsdayism. People are nursing some recreational outrage because of the revelations regarding Uber's culture. So now they all have a pet theory that Uber will fail. They're working backwards from what they _want_ to happen though, so their "theory" can explain anything: "Kalanick is a loose cannon who's going to run the company into the ground" Kalanick steps down "They have no leadership, they'll close their doors in a week" etc.