The Biz Doc, Tom Ellsworth dives into case study #9 How Uber Overcame Threats & Controversy. This is part 2 of last weeks case study on the Uber story. Subscribe to Valuetainment:
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About Tom Ellsworth: THOMAS N. ELLSWORTH, is an experienced CEO / COO and entrepreneur. He has been disrupting industries and driving consumer shifts through Venture-backed companies in technology, software, publishing and mobile that have generated exits totaling over $1B. Watch the interview with Patrick Bet-David:
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About UBER: Uber Technologies Inc. is an American worldwide online transportation network company headquartered in San Francisco, California.
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I hate socialism. It doesn't help anyone
customers are afraid of change but wants benefits and growth gets some bad responses over time
No "DAAAYYUUUMM" in the two videos about Uber….
Defenders of the status quo want benefits of technology without changing their business. Exponential growth sometimes calls for a regulatory response.
Still going- great insight Tom.
hello tom, good day! can you pls make a case study on Paypal, thank you
Hey Tom, need a part 3.
Im in Austin, Tx and The state legislature voted to over through the Austin recent law and now Uber and Lyft are back.
the local ridesharing companies are struggling to hang on with Ubers cheap prices.
thanks
Great video.thank you
Nice thoughts but overly simplistic
Uber’s valuation just fell by 90% loool
7:02 C'mon man, liberalis didn't say corporation can't do anything right. It is just that corporations are amoral entities and it is the job of the government to protect its people. It's not like corporation haven't done anything wrong. 13:16 You really are politicizing this video when you don't need to. Regulation doesn't equate to socialism.
You should have talked about Uber in Brazil. At first, taxi drivers did protests and broke the cars of uber drivers, because they thought uber should pay the same amount of taxes as them, also, the taxi drivers ignore the fact that everybody prefers uber here, because it offers a better service, cars, price and much more… It's regulated by the government now.
Hi Tom, once again I have one more request, Could you make a case study on 5hr Energy CEO? How he found this company and make it so successful that you can find his product almost in every single store and why did he donate 90% of his wealth? Thank you.
Hi Tom, I enjoy your videos a LOT I deeply appreciate you helping us to understand the business world. I would like to say very respectfully that it would be better not to judge/comment the political decision made by the Hungarian government. You may not have all the facts of this political issue. I have seen (1998) one big American company being offered huge tax breaks during 5 years to facilitate their operations in a European country. They benefited from the best infrastructure & skilled labor and made huge profits. After 5 years when the time came to pay taxes like any other regular business, they packed up leaving everybody in a pickle. I can understand the concern of local government in welcoming these cowboys entrepreneurs. I am not socialist nor liberal and have little interest in politics and think it is better to refrain judging government who didn t agree with Uber vision
Amazing content. Please keep it up!
thanks
Tom I couldn't disagree with you more about the way you pitched uber as a great capitalist company but the EU countries trying to protect their taxi labour force as Socialists. I really like your videos by the way. I would like to ask, who does capitalism usually benefit (a few at the top). I can't help but believe that your sentiment would be different if these "disruptive" companies were not American. Not all disruption benefits society. Put yourself in the shoes of a taxi driver who is having their income disrupted by people doing it as a side hustle. It would be great if you could balance the argument with some of the not so great practices of uber i.e drivers being pushed to finance cars they cannot afford.
You didn’t even mention any of the internal scandals of Uber? Like their culture of sexual harassment?
Gonna disagree on the fear mindset about Austin. We MUST drop bad ideas. Hanging on to lame customers is a HUGE problem for entrepreneurs.
You realise uber is only successful because they operated as taxi's without paying for licences right? Imagine paying several hundred thousand dollars per uber driver. Simply isn't feasable.
Did Fed express go through this too?
Budapest was right
dr biz do you have a video of finance , especially in fundraising ? I am about to raise a seed capital for nirex.pe and need some advice from one of your videos . Thanks for responding.
Its 2017 I wouldn't identify as right wing nut. I stopped watching when you started Trumping. Also seems like you are ignoring alot of shitty behaviour by uber sexual harassment, breaking the law and the spyware they were running.