News of the day...
News of the day...
Out of context: Reply #4505
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https://slate.com/business/2022/…
The Decade of Cheap Rides Is Over: How American life was changed by a subsidy Uber and Lyft can no longer afford.
This is moviepass but in slow motion. Ok, not quite, that’s an exaggeration. I might short the Uber and Lyft stocks if I was brave. But I’m not into shorting.
- this was mention on one of the recent Maverick of Wall St videos. Gas prices + driver shortages + car running costs = no thanks.shapesalad
- This article is not about gas prices nor driver shortages nor vehicle costs********
- It’s about a memo the CEO sent to employees about the future. Regular inflation isn’t the story here, regardless of what your YouTuber told you********
- Cheap rides subsidized by VC funds...
no more VC funds, unicorn tech companies will crash********