A pedestrian was killed in Tempe, Arizona by an Uber autonomous car. In 2015, Governor Doug Ducey enticed the self-driving car industry to Arizona by executive order clearing the way for testing in the state. Last month, he updated this order touting Arizona’s “business friendly and low regulatory environment”. Following the crash, Uber has stopped all Continue reading →
When Uber released its financials, the reasons were political. But the results breathtaking, nonetheless. Uber was founded in March 2009 and in a mere eight years had revenues of $6.5B (gross bookings were $20B).
For context, this is comparable to where Google was eight years after inception, and significantly higher than Amazon and Facebook. Without arguing about Continue reading →