How big of a deal is Uber?

Answer by Michael Wolfe:

  • If you think of Uber as a town car company operating in a few cities, it is not big.
  • If you think of Uber as dominating and even growing the town car market in dozens of cities, it gets bigger. (Data point: there are now more Uber black cars in San Francisco than there were ALL black cars before Uber started).
  • If you think of Uber as absorbing the taxi markets, it gets pretty huge.
  • If you think of Uber bringing taxis to parts of the world that did not have them before because of insufficient density, it gets even larger.
  • If you think of Uber as a personal logistics service that can drive your kids to school and back, take you to work, pick up your parents at the airport, drive you to date night so you can get your drinks on, it gets very very large.
  • If you think of Uber as delivering both people as well as things (packages, dry cleaning, groceries) it gets even larger.
  • If you think of Uber as a replacement for your car, it gets even larger.
  • If you mix in a fleet of selfdriving cars, orchestrated by Uber, it grows again.
  • If you think of Uber as a giant supercomputer orchestrating the delivery of millions of people and items all over the world (the Cisco of the physical world), you get what could be one of the largest companies in the world.

Update, 12/10/2013: Could Uber Be Bigger Than Facebook Someday?

View Answer on Quora

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