Uber Loses Money
I think Uber is becoming a big data company. Therefore, the most valuable asset at Uber could be the data it collects. Since data is the oil of the digital economy, Uber could sit on a gold mine of transportation data.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
I think Uber is becoming a big data company. Therefore, the most valuable asset at Uber could be the data it collects. Since data is the oil of the digital economy, Uber could sit on a gold mine of transportation data.
Read MoreIn fact, the average Lyft driver earns between $364 and $377 a month, Business of Apps estimates. Thus like Lyft stockholders. Lyft drivers are probably losing money on their investment.
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