Now that Uber and Lyft are public, their inevitable financial collapse is much clearer

Collapse is irrelevant. Uber and Lyft have been wildly successful. They did exactly what they were meant to do - they made a buttload of money for the scam artists who founded them and lied and cheated and bribed lawmakers and regulatory agencies and sucked in a big bunch of fools who shoveled their money into the pockets of the founders who can now retire to the Cayman Islands and drink mojitos and laugh at the idiots who made them rich by believing their bullshit.

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