4) Forbes magazine estimates that 46% of all paid car rides in major U.S. cities are conducted through Uber. Uber's market cap, as determined through its latest equity offering, is $62billion. Though Uber is by far the largest ride- share company is not alone in ride-sharing - in addition to Uber are Lyft, Sidecar, and Curb. Uber is approximately 7 times larger than its nearest rival, Lyft. To operate a successful ride-sharing program requires good computer code, drivers, and riders. Drivers and riders are not bound to a single firm, but there is some learning by doing that gives some benefit to the operation that is used most frequently. Based on the structure of the ride-sharing industry, is there any reason to believe that Uber will be able to make elevated long run profits? Please explain