The Ride Sharing Business: Is this a Bar Mitzvah Moment?

The ride sharing business has succeeded in disrupting the car service business, growing on almost every front. As it has grown, though, the business has had trouble finding traction with its business model and there is a sense that a transitional moment is approaching, where the companies in the business will be judged not just on promise and potential but on profits. The companies are responding by forming partnerships with each other and other companies.

[natkin]

Great uploads on your channel! I've gone through 10 lectures of corporate finance and i find them excellent! Can't wait to learn more about valuation. Thank you for the content!

[Jake]

You can also create switching costs by building a better network which means more jobs for drivers and quicker pickup for customers and the bigger you build the network the better it can be. That's why the faster Uber grows the quicker it builds an even better network.

[SantoshKrishnanIsCool]

Good stuff, I'm so glad I found this upload

[Jake]

Uber's intention is to disrupt not just the ride sharing business but other industries of transport. Uber's current goal is to build its network and network advantages to obtain a dominant position in the market. It isn't about ride sharing it's about a network of efficient transportation. The way they are choosing to construct that network is through ride sharing but in the long term any goods that can be transported on that network, Uber will compete for.