Browsing Category Uber

Uber creationism and 3rd qr 2018 earnings

It takes time to dismantle a company as large as Uber. I was one of the first to hit the buzzer and call “bullshit”. You can catch up with these gems: Uber. BS earnings. Tech journalists didn’t do forensics. So I did and Will Uber be the death of Softbank And the start of it all Uber. Beginning the postmortem 

The whole bunch is here: adamtownsend.me/category/uber/ it covers a lot of territory, financials, legalistics, technology, propaganda, eager business journalists on a tight deadline. It’s all there.

But, I’m kinda Uber exhausted with the whole thing, now I just wait for the IPO and laugh. Instead of my rants, let’s examine what others are saying.

Read More

Uber IPO. No questions asked

I don’t get invited to any of the glitzy Uber soirees. No open bar for me. This is because I don’t drink and I do ask questions. Had I been invited I may have asked about an Uber IPO and it’s recent 1st quarter ‘earnings’
Instead, I am the misfit talking bad about Uber behind its back

Uber’s reported “profit” was entirely due to a one-time, $2.94 B gain on the hopelessly unprofitable operation Grab sale.

Read More

Uber v. the anti-corporate open source insurgency

Open Source Anti-Corporate Insurgency is an organizational method by which a large collection of small, visible and empowered activists groups can work together to take on corporate hierarchies. It does not have a centralized operations or command and little to no advertising spending. It is a loose, meshed network of individuals and small groups working independently, but united by a single purpose, in this case: defeating Uber  

Read More

Uber Interment

I began the post mortem on Uber months ago, before it had given up its ghosts. There is a long line of crooks, liars and fellow schemers who will feign shock that there was gambling in Casablanca…
VC firms and Pension funds will unburden their moral and financial loads by respectively socializing it, and hot-potato’ing to the taxpayer.

Read More