uber – The Musings of the Big Red Car

The Cult of Personality and Adam Neumann of We (We Work)

Big Red Car — Tue, 24 Sep 2019 17:40:46 +0000

Since time immemorial, American business has always revered the iconic startup leader whether it was John Davison Rockefeller, Sr — American business icon, considered the wealthiest American of all time, and a generous philanthropist; or, the Steve Jobs, Jeff Bezos, Bill Gates stories. Sam Walton was an iconic, successful businessman. All have a “larger than […]

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Uber v the Gig Economy Independent Contractors

Big Red Car — Thu, 12 Sep 2019 13:59:50 +0000

There was big news out of California this week that will impact the business model of Uber and Lyft, ride sharing companies who employ their drivers and their vehicles as “independent contractors.” This employer — employee independent contractor relationship is critical to the business model of both Uber and Lyft. The issue of whether an […]

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Growing Your Way to Positive Cash Flow — Uber

Big Red Car — Mon, 12 Aug 2019 15:58:41 +0000

I like the ride sharing business and use both Lyft and Uber, probably more Uber. It is very convenient when I have to go downtown for a meeting. It is cheaper than the cost of parking and less stressful. I am concerned about the prospect of Uber ever — EVER — becoming profitable. You have […]

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UBER Surge Pricing

Big Red Car — Mon, 13 May 2019 16:06:59 +0000

Hail, Uber! Uber went public last week with great fanfare befitting the third largest Initial Public Offering in US history. Hoorah, Uber! All hail Uber! Then, they ran into reality and reality drowned them with surge pricing. Uber came public at the low end of the proposed range (already a huge disappointment when compared to […]

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Anchors Aweigh, Tech IPOs

Big Red Car — Wed, 27 Mar 2019 18:55:26 +0000

First quarter of 2019 was a bust for tech Initial Public Offerings. Some blame it on the government shutdown and the inability to get the United States Securities and Exchange Commission to respond to preliminary S-1s (registration document). Fair play to that sentiment. A company files an S-1, the US SEC reviews it, the SEC […]

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Uber Uber Uber alles

Big Red Car — Fri, 19 Oct 2018 16:51:46 +0000

The hype has begun on the Uber 2019 IPO – initial public offering of stock. A Wall Street Journal article suggests that underwriters are whispering that the number is $120B – $120,000,000,000. Of course, this is what’s called the “courtship” proposal — guys (the usual suspects Morgan Stanley, Goldman Sachs) looking for the assignment telling […]

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UBER

Big Red Car — Fri, 14 Sep 2018 17:55:46 +0000

Big Red Car here – I don’t qualify for Uber because I’m too damn cute. Sorry, Uber. Doesn’t mean I can’t love Uber from afar. [Been cheating on my Uber-affaire with Lyft. Don’t tell anybody.] So, what’s going on over at Uber? Uber logo Uber has redone its branding and logo. Here is the new […]

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Rebuilding a Reputation – Uber, Uber, Uber

Big Red Car — Thu, 07 Jun 2018 11:30:43 +0000

Let’s talk reputation, shall we? Big Red Car here on a dark and lonely Thursday morning. Hope you are well. So, today, we talk about Uber’s latest attempts to rebuild its pathetic reputation. Unless you have been summering over at the South Pole, you know that Uber has replaced its founder/CEO Travis Kalanick with Dara […]

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Uber Meltdown

Big Red Car — Tue, 13 Jun 2017 15:34:42 +0000

Big Red Car, which is not involved with Uber as a car or a driver, here on a slightly cloudy day with a warmer afternoon promised. Hey, it’s June and it’s Texas. So, Uber is having a tough time. The entire leadership is melting down. Huh? As we chat, dear reader, Uber has just dismissed […]

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Uber – Cultural Wheels Falling Off?

Big Red Car — Mon, 20 Mar 2017 16:13:19 +0000

Big Red Car here on a slightly cloudy Texas day. It is a good day because The Boss’s North Carolina Tarheels prevailed while the wicked Dukies were defeated by the valiant South Carolina Gamecocks. Go to Hell, Duke. [The Heels didn’t exactly cover themselves in glory, but they won and they advance.] So, “Uber Uber Uber […]

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