Part 2/11:

A key part of the conversation revolves around the valuation of Whimo—a ride-hailing company specializing in autonomous vehicles operating at a roughly $100 billion valuation with an annual revenue rate of $350 million. Despite generating substantial revenue, Whimo incurs significant losses—around $3 billion annually—which raises questions about their sustainability and valuation.

The presenter notes that Whimo operates approximately 2,500 vehicles across various U.S. cities, servicing about 14 million trips annually at roughly $25 per trip. To be profitable, they would need to increase their trip charges tenfold—charging $250 per trip—which underscores the current unprofitability under existing pricing structures.