TIVP016: Uber (UBER): Cash Burner To Compounder? w/ Shawn O’Malley & Daniel Mahncke

The Intrinsic Value Podcast - The Investor’s Podcast Network

Shawn O’Malley and Daniel Mahncke break down Uber (ticker: UBER), a ubiquitous tech giant that has changed how the world travels. Uber became profitable annually for the first time in 2023, and as its user growth accelerates, the company appears to be achieving modest economies of scale, making it an increasingly attractive business.

In this episode, you’ll learn how Uber has scaled across the world and invested in competitors in areas it couldn’t win, why Uber isn’t as negatively exposed to autonomous vehicles as you might think, and why Bill Ackman invested in the company, plus so much more!

Prefer to watch? Click here to watch this episode on YouTube.

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

06:55 - What it has taken for Uber to finally turn profitable.

09:25 - How regulatory risks are affecting the company.

12:37 - Uber’s playbook for global growth.

15:52 - Why international growth is more profitable than U.S. growth for Uber.

25:20 - Why Uber has invested in so many competitors.

50:52 - How Uber can actually benefit from autonomous vehicles.

56:47 - Why Bill Ackman invested billions in Uber.

01:03:30 - What is Uber’s intrinsic value per share.

01:15:09 - Whether Shawn & Daniel add UBER to The Intrinsic Value Portfolio.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
• Bloomberg’s reporting on how Uber bypasses minimum wage restrictions.
• Uber’s Q4 supplemental charts presentation.
• The New York Times’ coverage of driver lockouts.
• Check out our previous Intrinsic Value breakdowns: AutoZone, Alphabet, Ulta, John Deere, and Madison Square Garden Sports.
• Check out the books mentioned in the podcast here.
• Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

• Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
• Browse through all our episodes (complete with transcripts) here.
• Try Shawn's favorite tool for picking stock winners and managing our portfolios: TIP Finance.
• Enjoy exclusive perks from our favorite Apps and Services.
• Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

• CFI Education
• TurboTax
• Airbnb

Connect with Shawn: Twitter | LinkedIn | Email

Connect with Daniel: Twitter | LinkedIn | Email

HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm