Jason Helfstein

And they know when you lower the price for Uber rides, more people use it.

But yeah, we fully expect you're going to get more positive announcements out of Waymo, more positive announcements out of Tesla.

You'll probably see some foreign companies try to bring cars here as well.

But ultimately we think Robotaxi will end up being a commodity.

Like it's not going to be controlled by one or two companies.

It's going to be like a ubiquitous technology.

It's just taking the later entrants longer because they don't have the learnings.

I mean, look at it.

Way more started first.

They right now have the perceived safest product, right?

Tesla was like second.

They now are the perceived to have the second, right?

And so just give it time.

I think Uber is just a stock where you give it time, you'll make money.

If you're leaving a sporting event or something that's busy, you're not going to go check four apps and then probably check, you're just not going to do that, right?

You're going to ultimately go to whatever app that you trust is giving you the fastest, cheapest ride.

Mid-cap next week.

It's not over.

The fourth quarter earnings season lasts about six weeks.

That's true.