> Prediction: Uber will go under within the next 12 months, it will be revealed that they've been most creative in their bookkeeping and there'll be a sudden need of a few extra beds in some federal sweaty-white-collar prison.
I suspect it will be more of a Groupon type deal. They'll exist as a large player in an increasingly crowded market via their brand name advantage. Then expect big lay-offs as the valuations/cash injections drop and later some consolidation within the industry etc will shift everything to a significantly more realistic position.
IMO they left their IPO a little past the excitement point.
I suspect it will be more of a Groupon type deal. They'll exist as a large player in an increasingly crowded market via their brand name advantage. Then expect big lay-offs as the valuations/cash injections drop and later some consolidation within the industry etc will shift everything to a significantly more realistic position.
IMO they left their IPO a little past the excitement point.