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Ep 33: Aswath Damodaran on Investing
Brave New World -- hosted by Vasant Dhar
Ride Sharing Is Not Going Away Anymore
I think Uber is going to continue to exist because I don't think any of the companies that make the electric cars want to get their hands dirty by being a ride sharing company. The 80% that goes to the drivers, in fact, will end up becoming what gets paid to an electric car company if they choose to own the cars. They're not a capital intensive business. And then you wonder why taxi caps are losing market share. You can't keep the story going for the number of cars being sold and tell this as a side story.
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