The question is how quickly and effectively Uber can branch out and dominate all the "Uber for X" concepts that other start-ups are chasing. If Uber stays in the car service industry? Then yes, they're pointless.
If they develop "Uber for housekeeping"? "Uber for babysitters"? "Uber for take-out"? Then yes, Uber is worth $17 billion.
If they develop "Uber for housekeeping"? "Uber for babysitters"? "Uber for take-out"? Then yes, Uber is worth $17 billion.