uber
uber
Out of context: Reply #229
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- utopian3
Uber reports $1.2 billion loss nearly six months after going public
- Investors don’t care about profits. They care about growth.HijoDMaite
- The new currency is users.HijoDMaite
- Haha they subside drivers until IPO, then poof!!!robotron3k
- Subsidisedrobotron3k
- Air bnb is the next scamrobotron3k
- ^and WeWorkGnash
- WeWork has already started their tank. I think they've lost about $40 billion at this point.garbage
- wework's 'valuation' was based almost exclusively on what softbank said it was valued at.monNom
- Seems they put almost all the money in, and new money went in at ever higher premiums, so they could say their early investments were producing huge returnsmonNom
- They have 12 billon to burn, and 2 years to get it right so no worries ;)sted