Gurley argues Waymo faces unsolvable dilemma: building fleet to average demand disappoints peak users, building to peak wastes expensive CapEx.
“And if you build it to peak, you're gonna have a bunch of very, very, very expensive CapEx sitting around doing nothing mostly.”
Gurley challenges Waymo advocates to publish twenty-year financial projections showing how owned robotaxi fleet could work economically.
“Let's build a public Google Sheet of the twenty year financial statements for this thing, and let's put it out there in the public.”