Charles

[Charles @ReservoirCub]

If anything, the SEC means less #arch

[Charles @ReservoirCub]

@PaulSaunde82517 Yes they are

[Charles @ReservoirCub]

@PaulSaunde82517 @vanazadian I am saying people would rather make a little money on the side than sit around unemployed, therefore Uber's margins will improve & offset the lack of demand that you claim will happen because "people are sitting around"

[Charles @ReservoirCub]

@PaulSaunde82517 @vanazadian What makes Waymo any different than the dozens of AV partnerships that Uber has signed. AVs are a commodity. They are going to need a platform to monetize their fleets. Tesla is the only real competitor, but Uber is already priced for disaster.

[Charles @ReservoirCub]

@PaulSaunde82517 @vanazadian PYPL had legitimate competitors and no differentiated product. Ubers moat is their users. Look, you can buy whatever you want. But don’t say that ppl staying at home is the reason the stock will tank😂 What about AI job cuts leading to a gig economy supply glut?

[Charles @ReservoirCub]

@PaulSaunde82517 @vanazadian It’s a FCF monster trading at 13x forward earnings and it’s growing NI 30%. How is it being disrupted. It has signed 10+ partnerships with AVs this year. AVs are a commodity and the unit economics can’t beat uber. Uber is the supply demand aggregator

[Charles @ReservoirCub]

@PaulSaunde82517 @vanazadian Dude come on. TAM has decreased because more people are spending time at home? U think that is more of a factor than the growth of developing countries? Uber is growing earnings 30% a year. Cheaper competitors also have to subsidize their rides to gain market share

[Charles @ReservoirCub]

@aleabitoreddit Google employees are leaking that it’s only good at benchmark tests and less so at actual tasks

[Charles @ReservoirCub]

@MaxPapazov @avionsunantiqu1 Sold off my last bit around $17 CAD

[Charles @ReservoirCub]

@BillAckman Agreed bill