Techmeme Ride Home Jay and Farhad Show Reunion Part II
May 18, 2019
Jay Yarrow, Executive at CNBC, shares his insights on Wall Street, while Farhad Manjoo, New York Times columnist, tackles tech trends. They dive into the fallout of Uber's IPO and explore its challenges amid stiff competition. With lively banter, they dissect the Streaming Wars, discussing strategies of platforms like Disney Plus and Hulu. The duo also reflects on the cultural impact of Game of Thrones' final season, analyzing audience expectations and the nuances of storytelling. It's an engaging mix of finance, tech, and pop culture!
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Uber's Competitive Landscape
- Uber faces intense competition in all its markets, including rideshare, food delivery, and self-driving cars.
- This lack of competitive advantage raises concerns about its long-term profitability.
Uber's Growth Story
- Uber lacks a clear path to profitability and market domination, unlike companies like Amazon.
- Investors need a believable growth story to tolerate losses.
Unicorn Zombie Stocks?
- Many unicorns may become zombie stocks, similar to Groupon.
- This raises concerns about the long-term viability of these companies.