HFA Icon

SoMa Equity: Uber Is Viewed As A Commodity Business

HFA Padded
Jacob Wolinsky
Published on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Notes from SoMa Equity Partners' Gil Simon presentation from the 2020 SohnX San Francisco Conference.

See the full coverage here.

Q2 2020 hedge fund letters, conferences and more

Uber
freestocks-photos / Pixabay

Gil Simon of SoMa Equity Partners

  • Uber
  • Transportation industry
  • Current position, global leader in service
  • Most competitors are regional
  • Highly valued platform
  • Viewed as commodity business
  • Truly number 1 in every region
  • Rides and eats
  • Has ability to launch new services
  • Volatile history
  • Cultural and PR battles with Travis
  • Very distractive
  • Can now optimize business model
  • 3 overhangs
  • Covid, regulation, profitable
  • Each of 3 can be solved over next year
  • Covid, ride share down to zero
  • Had ability to cut costs
  • Uber eats has gone up
  • Optimize delivery business
  • Food delivery consolidation
  • Market share...

    Login required to continue reading.

    Setup a free account to get access to this article (no credit card required).

    View Full Article
    Already a member? Log in here
HFA Padded

Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob covered small caps, worked recruiting members for a large hedge fund community and freelance financial journalism. Jacob lives with his wife and five kids in Passaic Park NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal ID. Other methods of secure communication are also available. FD: Most of my portfolio is in I mostly purchase broad-based ETFs, mutual funds or individual bonds - I do this for performance reasons and to avoid any potential conflict of interest or occasional receipt of insider information. I will disclose if I have a stake in any company, but in general I have few stocks and I avoid any trading especially around topics I am covering.