Uber Overconfidence

Uber.jpg

As everyone knows, Uber is essentially–for now–a high-tech taxi company.


And high-tech tends to command high price.


But they are IMHO very overconfident of their position. 


And while I generally like taking Ubers, I would go so far to say that in many respects they are potential dead cab meat!


Why?


– Not because their leadership is in disarray and their founder and CEO was just forced to resign.


– Not because they have a disastrous corporate culture.


– Not because of their uber low or not profitable margins.


– Not because of the threat of autonomous driverless vehicles.


– Not because of the (alleged) stolen documents from Google.


– Not because Uber is (potentially) overvalued at nearly $70 billion (more than GM, Ford, or Honda)!


– Not because of its numerous competitors coming up from behind, including Lyft.


But a major reason is because:


They just gave you a not-so-hidden increase in price by tacking on a new tipping mechanism that will result in many people paying as much as a 20% hike to their overall fares.


Uber is now losing a sizable portion of their price point competitive advantage!


With the risks involved here, who could be so overconfident?

Perhaps, it’s time to take a cab or hovercraft somewhere else. 


(Source Photo: Andy Blumenthal)


(All represents my own opinions)

Teats Or Not

Bull

So I heard a new phrase from one of my colleagues recently…


He goes on about somebody (or something) being like “2 teats on a bull!”


I’ve always wanted to spend some serious time on a farm…but never really have had the opportunity to learn about that whole rural world, and I’m like what????


But I got it, and didn’t really like it. 


Sort of a harsh way to call someone out as a useless piece of [you know what]!


I’ve heard kids joke about “man boobs” and I sure you can guess what those unflattering things are on a male.


Too often, we write people off without giving them a real chance!


While perhaps, there can be useless appendages through genetics or illness, there are no fundamentally useless people (although maybe some can be troubled, dejected, in a bad fit, etc.).


More often, there are unflattering comments from others who don’t appreciate differences or see clearly what each person can “bring to the table.”


Let’s just say, if G-d created someone, there is reason and purpose to their lives, and we need to understand and appreciate them for their value. 


It may take (some) exploration, but everyone has strengths (as well as weaknesses–we’re all human) and we can find what each person is good at, cultivate it, and leverage it for the good. 😉


(Source Photo: here with attribution to Carol Von Canon)