"The concept that Uber's pricing is too high is misguided"
In an interview this morning on CNBC's Squawk Box, Triton's Rett Wallace appeared alongside Kindred Ventures' Steve Jang to discuss Uber's first quarterly earnings call. "This management team was very comfortable, very steady," said Wallace about the call. "Revenue growth for them is about different products. UberEats, Scooters, and Bikes are ways for them to get new customers. Discounting and competitive dynamics are about profitability." Link to excerpt on CNBC - HERE